Summary of Borderless Economics
Chinese Sea Turtles, Indian Fridges and the New Fruits of Global Capitalism
How immigration can save the United States and the world.
Immigration and free trade promote democracy, capitalism and personal freedom, so wide-open borders could cure the ongoing economic malaise in the US and elsewhere, says Robert Guest, global business editor of The Economist. Guest makes a strong, but not scholarly, case for open immigration. His forte is colorful anecdotes and thesis-reinforcing research – including some slightly dated studies. Even though Guest downplays examples and arguments that urge maintaining or enforcing restrictions on immigration, his work is relevant to immediate issues in many countries. getAbstract recommends his text for its lucidity, storytelling and economically credible arguments in favor of unfettered immigration.
In this summary, you will learn
- Why the US needs immigration to further its economic development,
- How Chinese and Indian immigrants reshape the US, and
- What immigration networks are and why they matter.
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