I did an interview on Radio Live this morning on the economic impact of immigration. When I went to listen to it afterwards, I found it was marketed under the heading “Immigration causing poverty”. I’m not sure where they got that idea from what I’d said, but just to be clear my argument is that high rates of immigration to New Zealand over the last 60 or more years have worsened our overall economic performance. But even from my relatively pessimistic perspective, this is still one of the better off countries in the world. And as readers will recognize, I reckon immigration, if anything, lowers unemployment rather than raises it – ie puts more short-term pressure on demand than on supply.
In case anyone is interested, here is the link to the interview.
UPDATE: Thanks to Radio Live for changing the heading.