Edward Fishman on Bloomberg: Global Energy Policy
Edward Fishman joins Bloomberg on October 30, 2025. Edward Fishman is one of the world’s foremost experts on economic statecraft, with deep experience shaping U.S.…
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Faith, Reason, and Immigration
By David Frum (Original source The Atlantic)
‘”Immigration is a large and complex subject. My recent story in The Atlantictried to do justice to that complexity. But that attempt of course came with a cost: The article was long and often highly detailed. It became easily possible to lose track of the piece’s argument.
So before replying to some of the article’s notable critics, let me recapitulate the argument as briefly as I can:
1) The economic benefits to Americans of America’s present immigration policies are very small. Almost all of those benefits are captured by the most affluent Americans.
2) The fiscal costs of present immigration policies are high. The argument that immigrants strengthen Social Security and Medicare is false. America’s bias in favor of low-skilled immigrants, legal and illegal, means that immigrants pay relatively little in taxes, while requiring a lot by way of services.”
3) The most important costs and benefits of immigration are neither economic nor fiscal, but social and political.”
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