Cash also plays a role in the illegal immigration problem that bedevils countries like the United States. It is incredible that some politicians talk seriously about building huge border fences, yet no one seems to realize that a far more humane and effective approach would be to make it difficult for U.S. employers to use cash to pay ineligible workers off the books and often below the minimum wage. Jobs are the big magnet that drives the whole process. This is from the introduction to Kenneth S. Rogoff, The Curse of Cash. Rogoff is a prominent economics professor at Harvard University and former chief economist at the International Monetary Fund. At a recent Liberty Fund conference in San Antonio where
David Henderson considers the following as important: Labor Mobility, Immigration, Outsourcing
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