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forumposter123@protonmail.com's avatar

let people pay to immigrate, with a price set high enough to keep the pace of immigration “reasonable”

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I assume that there would be some kind of auction with a fixed number of slots.

Under such a regime, we could actually use market prices to discover the value of immigration. If individuals really became dramatically more productive upon moving to America then the bid would go up. If it got high enough (one million, etc) or low enough you could increase/decrease the number of slots in the next auction. Instead of debating this endlessly with studies, we would just know who the market thinks is right.

Never going to happen though. Besides the crassness of it, the real problem is illegal immigration, birthright citizenship, and family reunification. You can't charge for the cow when you give the milk away for free.

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Nicholas Weininger's avatar

Alternate history thought experiment: what if alcohol prohibition had lasted 50-100 years instead of 12? Would we still have seen a rapid collapse of the illegal alcohol trade, and rapid establishment of widely-patronized legal alcohol sellers and producers, when it was repealed? Or would people have stuck to the moonshines, and moonshine dealers, that they had come to know and rely on, especially if excise taxes meant that the illegal product remained somewhat cheaper?

Path dependence remains underrated and is a cause for patience. This is particularly true for cannabis, where the regulatory landscape remains very uncertain and hazardous for would-be Diageos of weed for the reasons other commentators have pointed out.

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