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Law, Business and Society 11th Edition by Tony McAdams
Edition 11ISBN: 978-0078023866Law, Business and Society 11th Edition by Tony McAdams
Edition 11ISBN: 978-0078023866 Exercise 63
Distinguished economist Gary Becker argued for a free market approach to America's immigration difficulties:
In a market economy, the way to deal with excess demand for a product or service is to raise the price. This reduces the demand and stimulates the supply. I suggest that the United States adopt a similar approach to help solve its immigration problems. Under my proposal, anyone willing to pay a specified price could enter the United States immediately. 133
Comment.
In a market economy, the way to deal with excess demand for a product or service is to raise the price. This reduces the demand and stimulates the supply. I suggest that the United States adopt a similar approach to help solve its immigration problems. Under my proposal, anyone willing to pay a specified price could enter the United States immediately. 133
Comment.
Explanation
Verified
Verified
See Gary S. Becker, "Why Not Let Immigra...
Law, Business and Society 11th Edition by Tony McAdams
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