The High Cost of Closed Borders

Published January 10, 2017
By Richard Florida
Source

Despite what some pundits predicted, being elected President has not made Donald Trump fundamentally change his message on immigration: Just last week, the president-elect was pushing Congress to pay for his border wall with Mexico, which could cost (U.S., not Mexican) taxpayers as much as $10 billion.

All this is an attempt to bolster his populist message—but it would be a failing economic policy. The reality is that immigration is a positive force for economic growth in the United States.

That’s the main takeaway from three recent studies that reveal more about the geography of immigration and the effects of immigrants on America’s neighborhoods and cities.

Read more.

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