(Please excuse the improper spacing in this piece. Weird glitch. Don’t know how to fix it.)
If you think Trump’s (or Canada’s or whatnot’s) points system for immigration is a good idea, you seem awfully confident in the government’s ability to engage in central planning.
Now, Trump is a mercantilist with little understanding of economics. But to my surprise, quite a few libertarians and supposed “free market economic conservatives” seem on board with his points plan. But here’s the problem:
Most of you recognize government is too stupid to plan shoe production. You need price signals and competitive mechanisms to tell you what, where, and how to produce. You can’t make a five-year plan for the whole economy because the economic problem constantly changes.
But many people who recognize that flip around say, “Oh, but no worries. We can figure out exactly how many and what kind of laborers the economy needs for the next five years using this artificial points scale.”
The best way to know whether “the economy needs an immigrant” is simple: If we allow people to hire the immigrant, do they choose to do so? If we allow people to rent houses or apartments to the immigrant, do they choose to do so? Let them do it, sit back, and let the market do its thing.
Now, granted, the government may have a legitimate worry about being able to afford certain kinds of welfare programs and publicly provided goods which immigrants might consume. But if that’s a worry, then find a keyhole solution. We don’t nationalize guitar production just because we worry about affording public schools for luthiers’ kids; similarly, we shouldn’t nationalize laborer production because of that worry.
Now, if you think the system improves upon the status quo, that’s fine. That’s not an argument that the system is good, just that’s better than what we had before.