So I got lost this morning doing some research on Cambist (an online platform that my friend Tim told me to look at), and then I realised that it was going to be a much bigger post than I had time for.
In the interim, here is a new video clip that I watched recently on the economic impact of immigrants*.
*email subscribers will need to click through to the link to watch it.
I don’t really believe that things are half as rosy as they’re being painted – but I do think that immigrants are unusually entrepreneurial. I originally gave a list of reasons in this post (“The Cost of Anti-Immigration”), but I’d like to add this argument as well:
- According to this article, over two fifths of people find their jobs through networking.
- For new immigrants that don’t really have established networks, that means the job search is that much more difficult.
- So one of their best options will be to start something themselves.
It just makes sense that immigrants would have start a disproportionate number of new businesses.
It’s just a thought.