Immigration boosts innovation and wages in the US. The positive dynamic impact of immigration on innovation and wages dominates the short-run negative impact of increased labor supply. Increased immigration to the US since 1965 is estimated to have increased innovation and wages by 5%.

· · 来源:alpha资讯

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There are times when it feels as though the entirety of British horse racing exists in a state of perma-gloom, bewailing an ageing fanbase, declining attendances and a moribund, factional leadership. It is, so the narrative goes, a sport in slow but irreversible decline, waiting for the inevitable moment in 10 or 20 years’ time when someone finally comes along to turn out the lights.

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