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37 Cato J. 523 (2017)
Economic Freedom and Mass Migration: Evidence from Israel

handle is hein.journals/catoj37 and id is 564 raw text is: 












         ECONOMIC FREEDOM AND MASS
     MIGRATION: EVIDENCE FROM ISRAEL
                    Benjamin Powell

   The economic case for free immigration is nearly identical to the
case for free trade. They both rely on a greater division of labor based
on comparative advantage to ensure that allowing the free movement
of goods and  services or the free movement of people results in
greater global wealth. Estimates of the global gains that could be
achieved by the global adoption of an open immigration policy are
massive, ranging from 50 to 150 percent of world GDP  (Clemens
2011). Even  a migration of just 5 percent of the world's poor to
wealthier countries would boost world GDP by more than could be
gained by  completely eliminating all remaining trade barriers to
goods, services, and capital flows (Clemens 2011).

How   Free  Immigration   Could   Impact  Institutions
and  Culture
   The case for free immigration is more complicated than the basic
economic  case for free trade because immigrants, unlike goods, can
impact  host countries' institutions and culture. Immigrants can
protest, agitate for political change, promote ideas that can change
native-born citizens' thinking, and, in some cases, participate directly



   Cato journal, Vol. 37, No. 3 (Fall 2017). Copyright @ Cato Institute. All rights
reserved.
   Benjamin Powell is Director of the Free Market Institute and Professor of
Economics in the Jerry S. Rawls College of Business Administration at Texas
Tech University. This article is loosely based on a portion of a forthcoming Journal
of Economic Behavior & Organization article co-authored with J. R. Clark and
Alex Nowrasteh.


523

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