Wednesday, October 7, 2009
What Fiscal Cost? :-)
A new Nobel season is upon us and as is often the case all the six awardees so far have been US citizens? So what is newsworthy about that you ask :-) it is the fact that two of the three winners in Medicine are immigrants and also two of the three winners in Physics are immigrants.
As you all well know by now, I do not put much stock into this idea of nationality, race or gender. But I am willing to make an exception, obviously for the purposes of the course :-), by asking the obvious question: Do you think that the benefits/surpluses garnered from such immigrants should be used to compensate for the so called fiscal deficit of the less fortunate immigrants?
PS: The Nobel season is not over yet, there might be much more to come over the next week.
The Nobel prize in Economics will be announced on the 12th.