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%.

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“They bring with them new ideas, new perspectives, curiosity … They’re pushing us to get better and to do things differently—I think it’s great,” Massey told Fortune earlier this year. “We’re not siloed by generation or tenure; the senior leaders at Colgate want to hear ideas and thoughts from the more junior employees.”

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