The Biz Bucks Blog provides former Biz Bucks students and other busy professionals with a summary and commentary of seminal articles from the opinion pages of the Wall Street Journal. You can be notified of a new posting by subscribing to the blog (enter email in box on right) or by following on Twitter: @BizBucksGuy.


A Fresh, New View on a Tough Immigration Issue August 21, 2013 8:01 AM | Tagged as Free Trade E-Verify, Immigration

WSJ August 2, 2013, Page A13: "Think Government Is Intrusive Now? Wait Until E-Verify Kicks" In by John H. Cochrane

The Biz Bucks Guy aspires to write a novel in about two years, The Red Saguaro.   As planned, the novel will combine two very difficult issues of our time, radical Islam and immigration reform. Regarding the latter, this article by John Cochrane, a professor of finance at the University of Chicago and a senior fellow at the conservative Hoover Institution,has moved The Biz Bucks Guy’s opinion.

Many are arguing that immigration reform needs E-Verify, a federal government database that tracks the immigration status of Americans. No bad dude capitalists will be able to say they didn’t know their latest hire was illegal. E-Verify will make it easy to know. Seems great on the surface. The Biz Bucks Guy has advocated that database in the past.

But Cochrane makes a compelling case that government will be able to easily and irresistibly modify the database to track all sorts of things about Americans. Not merely aliens, but all of us. With the current scandal by the IRS of tracking one type of political organization and not others, it seems very plausible that government could step into tracking us on an plethora of meta data.

Consider a federal database that knows who is in a union or not. Consider a database that knows if you were ever laid off, if you own a gun, if you Occupied Wall Street, if you have the right health insurance or even if you write a blog.

Cockrane makes the point if we had an immigration system that allowed workers to come here legally—based on market conditions, the need for E-Verify would vanish.

This is a multifaceted issue. Free trade, not only of goods and services, but labor and capital, is not a zero-sum game. We need an intelligent, economically sound David Ricardo type immigration system, not one based on protectionism. E-Verify is part of the latter. 


Posted By The Biz Bucks Guy
Posted in Trade | 0 Replies

Subscribe to Our Blog

To receive email updates when a new post is made, please enter your email address in the box below and click Subscribe.


Keywords

Use these key words to search past blogs:


Archive:


Category:


1994 97% Alesina Recession Alinsky Allesina austerity Baloney BAT Binz bird kills Bogle Border Adjustment Tax Brulle Bryce capitalism carbon Carbon Dioxide CBO CFTC chains China Churchill Climate Climate Change Clinton Comparative Advantage Crichton Cronyism Cummins Curry Darwin Death panel demographics population economics Denier derivatives Dodd-Frank Drug dynamic Dynamic Scoring education electric car Energy Energy Policy Enron Debt Entitlements Eugenics Fat Fry Flat Earthers fracking free markets free trade Free Trade E-Verify Free Trade Zoellick Freedom Heritage Foundation Friedman gas lines Gas Prices glaciers Global Warming Global Warming Sustainability global warming subsidies IMF Globalization Trade God Google Gore Gramm Green Blob Grifo Groupthink Growth Hannity Hayek Hostess Hybrid Immigration Imports index funds Indexing Intellectual Denial investing investment IPCC JFK Joint Tax Kennedy Kerry Keynes Keynesian Keynesian Tax Cuts King Barak Bird Kills Koch Koonin Laffer Lamar Smith Lomborg macroeconomics macroeconomics;static; dynamic MACT Makiel markets Marxist medical care minimum wage Mitchell Model T Moore Morgenthau Navarro Neumark NOAA NY Times Obamacare ObamaCare Rove Health Insurance O'Reilly participation rate Patrick Moore peer review Peer Review EPA Piketty Pipelines plywood Presidential authority Price Controls Pruitt Racial divide Rare Earth Reagan Recession REE Renewable Portfolio Standards Renewables Ricardo Ridley robotics RPS Ryan Schlaff Science science integrity scoring Settled Science Shaffer shortages socialism socialized medicine Solar Panels Solvaldi Sovaldi static steel STEM Stephens Steyer stimulus subsidy sugar Supreme Creator tax policy Taylor territorial taxes corporate taxes Tesla Trade train wreck Trump unemployment wages Wind wind power women Zuckerman