To assert, as some have, that illegal immigrants do not depress wages because they do the jobs Americans refuse is the kind of nonsense economists speak when they strain to be counterintuitive. It is similar to saying that cheap imports do not hold down prices.
Mark Helprin Quotes
Barnes & Noble is able to publish price-reduced non-copyrighted works not so much because it saves the 10 percent to 15 percent of revenue that would go to the gruel-eating authors, but because it saves the 50 percent that would go to the publishers.
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