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A world of free movement would be $78 trillion richer
2018-06-23T19:15:09.5666331Z - / Hacker News
One seemingly simple policy could make the world twice as rich as it is: open borders. The potential gains from open borders dwarf those of, say, completely free trade, let alone foreign aid. To clarify, “open borders” means that people are free to move to find work. Despite these caveats, it is a fair bet that open borders would lead to very large flows of people. “Open borders would make foreigners trillions of dollars richer,” observes Mr Caplan.

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