May 5, 2018

Blog

A cap and trade system for residency?

Regulatory innovation tends to start with a new way of looking at a problem. In that spirit what follows is a bare-bones heuristic, not a fully worked out policy design nor anything approximating such a design. It is intended to stimulate some first thinking. The issue is control of net migration of non-citizens (NCs) into a territory. The economic problem to be addressed is that more people want to live

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