Thread: Laffer Curve for Immigration

National Review
Friday, January 23, 2009

Laffer Curve for Immigration [Mark Krikorian]

I debated Art Laffer yesterday in Austin—a great guy, despite being all wet on immigration. But I got to thinking before my presentation about the illustrative value of his Laffer Curve, and decided to try my hand at creating an immigration equivalent:




To interpret, modern conditions mean that the inflection point, where more immigration starts yielding diminishing returns (in a broad sense, not just economic), comes a lot sooner, and the benefits are replaced very quickly by costs (again, in a broad sense) as immigration increases.

And I got Laffer to sign the napkin I drew this on!

01/23 04:33 PM

http://corner.nationalreview.com/post/? ... IwMDZjZmE=

This is a benefit/cost to us. It other words one hundred years ago it benefited us to have immigrants here. Now we get little benefit and the cost have sky rocketed to outer space.