Dan Katz and Daniel Di Martino, in City Journal, critique the claim from many leftwing economists that illegal immigration is a good thing because it “pushes down inflation” by keeping labour costs low. The pair argue instead that low-skilled and/or illegal migrants tend to receive more government benefits than they contribute in taxes, which inevitably increases government spending and thus boosts inflation.
Forget Everything I Said, or Backing Slowly out of the Echo-Chamber
Climate catastrophism suffered a Category 5 event with the recent confessional by Ted Nordhaus, among the world’s foremost prophets of doom, that he had it wrong all along. The models that forecast runaway global warming, Nordhaus writes in The Free Press, assumed simultaneously soaring populations, booming economies and flatlining technological improvement which, Nordhaus has belatedly recognized, simply can’t all occur at the same time.
