Should we put a high price on work visas?
By Tim Harford
Tags: Policy
Can a $100,000 H-1B fee fix immigration? I weigh the US plan to add $100k to H-1B visas against the UK exploring cheaper work visas. I compare auctions, lotteries and points systems, examine effects on wages, outsourcing and business disruption, and ask whether selling visas raises revenue fairly.
Rolly's Take
For the thoughtful analyst who sees beyond the headlines, grappling with the complexities of immigration policy and its ripple effects. Sifts through the intricacies of value and fairness, questioning not just the price of visas, but the worth of human potential in an evolving global landscape.