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Posted by: Michael Mandel on May 10
In a new column, I estimate that immigrants and other foreign workers are bringing about $200 billion of human capital into the country annually. That substantially compensates for the large trade deficit.
Michael Mandel, BW's award-winning chief economist, provides his unique perspective on the hot economic issues of the day. From globalization to the future of work to the ups and downs of the financial markets, Mandel-named 2006 economic journalist of the year by the World Leadership Forum-offers cutting edge analysis and commentary.