Econ professor at Michigan ● Senior fellow, Brookings ● Intro econ textbook author ● Think Like An Economist podcast ● An economist willing to admit that the glass really is half full ● Find me: https://linktr.ee/justinwolfers
Justin Wolfers
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My latest video essay: Listen closely and you'll hear it... The White House admits that immigrants aren't taking your job after all.
Lemme youtubesplain: youtu.be/9ZVJQ-bgfU4
In what world is it okay for the Defense Secretary to make multi-million dollar investments in defense companies:
a) Ever;
b) In the run-up to starting a war in the Middle East
FT has the scoop: www.ft.com/content/744e...
In a functional democracy, he would offer his resignation tonight.
Immigrants weren’t just filling existing jobs; they were helping create them. That’s Econ 101: jobs are not a fixed pie. More people means more customers, more demand, more businesses expanding, and yes, more hiring.
Bad immigration economics assumes every extra person is one less seat. Good economics notices they also bring a seat, a side dish, and demand for the bloke selling drinks.
The first story is fear; the second is how economies work.
My latest video essay: Listen closely and you'll hear it... The White House admits that immigrants aren't taking your job after all.
Lemme youtubesplain: youtu.be/9ZVJQ-bgfU4
"Net migration last year was substantially negative. That is more people left the country than came in... the first time that's happened in at least half a century."
That's a huge economic shift.
Video
Video
Bit of a deep dive with a handsome economist (me) on how America's economic vulnerability undermines its military advantage. youtu.be/QekPlseiJ7M
What better way to begin the weekend with a podcast exploring -- hopefully in plain English -- the economic consequences of the war with Iran.
Watch the full video here: youtu.be/9ZVJQ-bgfU4?...
We are now in the fifth week of the Iran war (which the White House assured us would last 4-5 weeks).
If job growth slows when immigration slows, what does that say about the story politicians have been telling for years? Justin Wolfers uses plain-English economics to answer that question—and to show…
youtu.be
If job growth slows when immigration slows, what does that say about the story politicians have been telling for years? Justin Wolfers uses plain-English economics to answer that question—and to show…
