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by ne0n 3912 days ago
> As people migrate, rents and wages adjust.

Americans are not migrating to third-world countries because there are more jobs. That's not going to happen.

1 comments

In the 80s I witnessed several neighbors move to the Phillipenes for a job. It happens, esp in civil engineering / construction services. And on the margins, we have the nomadlist, which is predicated on the assumption that you can write code from nearly anywhere.

But no, Americans are not emigrating in bulk any time soon. The thrust of my argument today is simply that greater inflows to the US is part of the 'free flow of labor' equation.