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by alexanderstears 3218 days ago
If the market clears that's the equilibrium.
1 comments

If the market is free, eventually it gets sold. In this case, that means legislating artificial surplus in the form of increased H1 visas.
Even then the market clears. The equilibrium under H1 is different than without H1 but there's still an equilibrium.
I'm not sure what your point is: that it is the preferable state of affairs simply because it has found stability?