Londres, Inglaterra : Institute of Economic Afffairs -IEA-, c1970.

xviii, 155 p. ; 21 cm.

Readings in political economy ; 5

Introduction. -- I. The immigrant in English history. -- 1. Early intolerance. -- 2. The era of tolerance. -- 3. The return of tolerance. -- 4. Lessons for today. -- II. Immigration under "economic freedom" / W. H. Hutt. -- 1. Motives and incentives. -- 2. Classic liberalism qualified. -- 3. The ethics of restriction. -- 4. Conclusion: Harnessing the market to liberal ideals. -- III. The movement of human capital / Sudha Shenoy. -- 1. Introduction. -- 2. The extent of the "drain". -- 3. Return flows. -- 4. Economic effects and remedies. -- 5. Economic implications. -- 6. Under-pricing the costs of education. -- 7. Human and physical capital. -- 8. Student non-returnees. -- Tables. -- 1. Immigration of scientists, engineers and physicians into the US, 1956-67. -- 2. Immigration of scientists, engineers and physicians from developing areas into the US, 1956-67. -- 3. Flows of engineers, scientists and technologists between the UK and rest of the world, 1961-66. -- 4. Students adjusting to immigrant status in US, 1967. -- 5. Foreign Ph.D. recipients returning or remaining in US, 1964-66. -- IV. Immigration and discrimination: Some economic aspects / David Collard. -- 1. Whose welfare?. -- 2. Orders of magnitude. -- 3. Macro-economic effects. -- 4. Economics of discrimination. -- 5. Summary and conclusions. -- Tables. -- 1. Age distribution of "New Commonwealth" immigrants and UK population, 1966. -- 2. Regional distribution of "New Commonwealth" immigrants and UK population, 1966. -- 3. Greater London socio-economic groups: males, 1966. -- 4. Principal employment of male immigrants, 1966. -- Principal employment of female immigrants, 1966. -- 5. Industry groups with a high "weighting" of immigrant workers. -- Industry groups with a low "weighting" of immigrant workers. -- 6. Population growth and real income in Jamaica, India, and England and Wales, 1967. -- Figures. -- 1. Commonwealth immigrants: net inward movement. -- 2. Conjectured elasticities of substitution (e's) between various groups. -- 3. Indifference curves of the cost of discrimination. -- V. Does immigration confer economic benefits on the host country? / Dr. E. J. Mishan. -- Introductory remarks. -- 1. Short-run effects: excess demand and the balance of payments. -- 2. Long-run effects on per capita real income and its distribution. -- 3. Immigration and "essential" services. -- 4. External effects. -- 5. Conclusion. -- VI. The political economy of immigration control / Dr- Graham Hallett. -- 1. General considerations. -- 2. Principles. -- 3. Historical consequences. -- 4. Arguments for and against. -- 5. Summary of UK immigration statistics. -- 6. Conclusion. -- Further reading. -- Table: Estimated future UK population of major immigrant groups, 1966-86. --

Tomado de la pasta: "No. 5 in the IEA's Readings in Poiltical Economy presents a discussion by six economists on the history, analysis, costs, benefits and other effects of immigration into Britain on the scale experienced in recent years. Professor Charles Wilson traces the economic and social impact of previous wafes of immigration, from the Norman Conquest to the Flemings, Dutch and French Huguenots, and the conditions favourable to assimilation. Professor W. H. Hutt distinguishes between forced and voluntary migration and shows how classic liberal economic thought has been modified by the concept of "externalities" and its application to over-population. He applies his analysis to experience in Australia, South Africa and the USA. In "The Movement of Human Capital" Miss Sudha Shenoy, a young Indian economist, discusses the extent and costs of the "brain drain" from under-developed to developed countries, collates the statistics, and considers the arguments for and against the drain. David Collar discusses particularly the effects on economic growth, inflation, income redistribution, and the balance of payments. Dr. E. J. Mishan offers a contrasting view on the question "Does Immigration Confer Economic Benefits on the Host Country?" and attempts an answer for the short and the long run. His estimates and analysis lead him to the view that in the long run there is no conclusive case either way, but that "distributional justice would seem to favour exporting capital rather than importing populations" if we wish to help the under-developed countries. In the final essay Dr. Graham Hallett discusses "The Political Economy of Immigration Control", concluding that we ought to turn our attention to the "most pressing need" to solve the problem of temporary visitors from Commonwealth countries, perhaps by issuing short-term residence permits. At the same time he would reciprocate the preference given to British citizens by some Commonwealth countries."

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