Wednesday , November 14 2018
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Someone is wrong on the internet, modern servitude edition

Summary:
Immigration is a contentious social question. An economist and a law professor have a plan to make it far more contentious.Eric Posner and Glen Weyl — the same duo that has called for banning index funds and replacing private property with “shared ownership” — are now arguing for a scheme to create a new underclass of indentured servants to the United States.In their plan, any American could sponsor anyone else in the world for an immigration visa as long as the immigrant is willing to pay 00 to the sponsor. As they put it, “immigrants would no longer have special privileges to sponsor family members”, nor would there be any regulations on how employers could sponsor foreigners to come work in the US.Would-be dog-walking entrepreneurs, however, would be able to collect fees from

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Immigration is a contentious social question. An economist and a law professor have

Matthew C Klein
I write about the economy and financial markets for Bloomberg View. Before that I wrote for The Economist. I have worked at the world’s largest hedge fund and read every FOMC transcript since May, 1987

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