Zeke Hernandez Profile picture
Professor @Wharton. Global strategy. Immigration. Innovation. Economic growth. Associate Editor - Strategic Management Journal. Knowledge is power.
Jun 22, 2020 16 tweets 4 min read
Thread on how we collectively frame #immigrants as economic actors. Main point: they are NOT substitutes for native workers, and they are not *just* labor/workers. Now for the longer explanation... The dominant economic view for many decades was that immigrants mainly bring “labor” to the economy, and that an immigrant worker is similar/identical to a native worker. Under this view, immigrants harm the economy by competing for the same exact jobs as natives.
Jun 6, 2019 5 tweets 3 min read
1/5 #H1B approvals dropped sharply last year, keep falling this year bayareane.ws/2K2WJj9 via @mercnews. The consequences of this are, on net, not good for the US economy or US workers. The empirical evidence is pretty compelling. Just a few examples: 2/5 American firms hire skilled workers abroad when #H1B restrictions increase, and conduct more innovation abroad than in the US: