descriptive claim
The speaker says economists generally believe high immigration does not lower long-run wages because innovation and specialization raise the value of labor.
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In their words
The transcript segments this claim was taken from
“then this would be the classic lump of labor fallacy. For example,”
“economists generally believe that high school immigration does not decrease wages in the long run because of how innovation and specialization increase the value of labor.”4:52Report a misattribution
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