Migration & the Economics of Language

by iMFdirect

Language skills for immigrants are a form of human capital.  Knowing the local language increases the probability of getting a job and of higher earnings.

In this interview with Barry Chiswick, a professor of economics at George Washington University, we explore the the history of human capital as far back as Adam Smith’s Wealth of Nations in 1776 and what this old concept means for immigration in the modern global economy.

Chiswick says a common lingua franca helps promote the growth of the entire economy.

Listen to the interview here:

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: