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Decline in Immigrant Entrepreneurship Threatens U.S. Competitiveness

Wednesday, October 3, 2012 7:10

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“The growing consensus among economists is that young businesses — rather than small businesses in general — represent the most reliable, consistent source of job creation, and foreign-born entrepreneurs have long been at the helm of many of those firms. . . .

But increasingly strict immigration laws are making it more difficult for those immigrants to start their enterprises in the United States, prompting a “reverse brain drain,” according to the researchers behind the Kauffman study.” (Washington Post)

There is no case to be made in favor of the current U.S. immigration regime.

FEE Timely Classic

“Coming to America: The Benefits of Open Immigration” by Thomas E. Lehman

Brought to you by The Freeman Magazine a publication from the Foundation for Economic Education. Love economics? Like FEE on or follow us on Twitter!

2012-10-03 06:56:13

Source: http://www.thefreemanonline.org/in-brief/decline-in-immigrant-entrepreneurship-threatens-u-s-competitiveness/

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