EU migration

June 16, 2017

The Economic Case for a More Liberal Immigration Policy

In his now-classic work The myth of the rational voter, Bryan Caplan identifies four systematic biases about economics held by the average citizen: make-work bias (an inclination to overestimate the disadvantages of temporary job destruction due to productivity increases), anti-market bias (a tendency to overlook the benefits of the market as a coordination mechanism), pessimistic bias (an inclination to underestimate the present and future performance of the economy), and anti-foreign bias (a tendency to underestimate the economic benefits of interaction with foreigners).
January 14, 2016

The Challenges of Economic Integration Facing Migrants and Germany

The New Year’s Eve attacks in Cologne have increased the pressure on Angela Merkel and are driving public debates on the importance of successfully integrating the refugees and migrants into German society and economy.