Tariffs, Immigration, and Economic Insulation: A New View of the U.S. Post–Civil War Era

Immigration of epic proportions is a marker for the years from 1865 to 1910 in US history. More than 22 million foreigners arrived during the period, unencumbered for all practical purposes by official immigration restrictions. When yet-to-be-employeed immigrants stepped off the ships, they embodied...

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Veröffentlicht in:The independent review (Oakland, Calif.) Calif.), 2005-04, Vol.9 (4), p.529-542
Hauptverfasser: Bohanon, Cecil E., Van Cott, T. Norman
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Van Cott, T. Norman
description Immigration of epic proportions is a marker for the years from 1865 to 1910 in US history. More than 22 million foreigners arrived during the period, unencumbered for all practical purposes by official immigration restrictions. When yet-to-be-employeed immigrants stepped off the ships, they embodied streams of yet-to-be-produced goods and services. The present values of those goods and services went unrecorded and untaxed. To history's knowledge, the only example of the present value of immigrants' earnings being recordable as US imports is "immigrant" African slaves. In contrast, the present values of streams of future goods and services implicit in imports of physical capital were recorded, and, where taxable, they were taxed.
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source Jstor Complete Legacy; EBSCOhost Political Science Complete; Worldwide Political Science Abstracts; Business Source Complete; EZB Electronic Journals Library
subjects Civil War
Economic competition
Economic growth
Economic history
Economic migration
Economics
Foreign Investment
Historical analysis
Immigration
Immigration Policy
Imports
Insulation
International economics
International Trade
Noncitizens
Protectionism
Reconstruction
Studies
Tariffs
Taxation
United States of America
Valuation
Workforce
title Tariffs, Immigration, and Economic Insulation: A New View of the U.S. Post–Civil War Era
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