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Comment by saalweachter | Hacker News Reader

Another frequently-cited benefit of opened borders is that -- for the most part -- current citizens own everything in this country, and stand to make a bit of cash if there's an influx of new faces looking to buy houses, used cars, rent rooms, etc etc etc.

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I can only follow that argument if we're talking about citizens that already have assets. Increased competition for houses, used cars, and rentals will drive up prices, which is good news only if you own houses, cars, and rental property respectively.

Productivity is the root of all prosperity. Read this excellent article: http://econlog.econlib.org/archives/2015/02/always_keep_you..... Workers become on average ~20x more productive when they migrate to the first world. Because we are capital rich and we have sane government and law and order. Imagine if you were moved to Haiti and you got stuck there. How much could you contribute to society in Haiti? You could maybe slice some coconuts on the side of the road - is that gonna make the world a lot richer? Roadside sliced coconuts? Nah, much better for you to be in first world even if you're doing a low skilled job here like delivering catering to a high tech startup. That catering company is able to produce food much more efficiently, and in SF or NYC you're able to distribute it much more efficiently, and you're part of this souped-up economic engine that's changing the world. That's why they make 20x or up to 40x more (in the case of the extreme poor) when they migrate to the first world. It's better for everyone! Economists estimate that moving from the status quo to fully liberalized migration (i.e. open borders) would roughly double global gdp - that's an insane silver bullet. That's everyone getting way fucking richer in one fell swoop.

Please see my comment here for more info: https://news.ycombinator.com/item?id=9769632

And that’s exactly why the politicians in my state were the first in europe to allow all refugees and asylum seekers to live and work like any citizen. Because that productivity increase also boosts the local economy.

> Another frequently-cited benefit of opened borders is that -- for the most part -- current citizens own everything in this country

This is not true. Very many things in this country are owned by entities that are not citizens -- foreign corporations and/or foreign individuals.

> and stand to make a bit of cash if there's an influx of new faces looking to buy houses, used cars, rent rooms, etc etc etc.

Sure, some people (some of whom are citizens) own things for which local demand and prices would increase with an influx of new people. Lots of citizens don't own much, and would be competing to purchase those things, and would suffer rather than benefit from the higher prices.

The benefit here is pretty much directly in proportion to current ownership of capital (just like the benefit from greater supply, and therefore lower prices, from labor.)

Productivity is the root of all prosperity. First read this excellent article: http://econlog.econlib.org/archives/2015/02/always_keep_you..... Workers become on average ~20x more productive when they migrate to the first world. Because we are capital rich and we have sane government and law and order. Imagine if you were moved to Haiti and you got stuck there. How much could you contribute to society in Haiti? You could maybe slice some coconuts on the side of the road - is that gonna make the world a lot richer? Roadside sliced coconuts? Nah, much better for you to be in first world even if you're doing a low skilled job here like delivering catering to a high tech startup. That catering company is able to produce food much more efficiently, and in SF or NYC you're able to distribute it much more efficiently, and you're part of this souped-up economic engine that's changing the world. That's why they make 20x or up to 40x more (in the case of the extreme poor) when they migrate to the first world. It's better for everyone! Economists estimate that moving from the status quo to fully liberalized migration (i.e. open borders) would roughly double global gdp - that's an insane silver bullet. That's everyone getting way fucking richer in one fell swoop.

Please see my comment here for more info: https://news.ycombinator.com/item?id=9769632

You make the all too common mistake of confusing aggregate output growth with everyone getting richer. That's not a valid equivalence, as the 2001-2009 economic expansion in the US showed fairly dramatically, with the bottom three quintiles doing worse over the period of expansion, the fourth quintile mostly flat, and most of the gains in the to quintile (and, within that quintile, mostly in the top few percentiles.)

Aggregate growth doesn't mean everyone gets more; we have a system in which the major holders of capital are very good at capturing output growth.

Policies favoring aggregate growth aren't good for most people without policy reform that alters the way gains from such growth end up being distributed.

Given that 50% of Americans have zero or a negative net worth, I think all it would do is further increase inequality.

Median net worth in the US, last I saw, was on the order of $45K -- since that value is > $0, its not the case that 50% of Americans have zero or a negative net worth.

I don't know that that's really true anymore.

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