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A comment on H-1B visas mainly go to Indian outsourcing firms. Parent comment

Re:H-1B visas mainly go to Indian outsourcing firms by GFK_of_xmaspast on Friday February 10, 2017 @08:09AM (#13615107)
I sell my labor in exchange for money, and so it's in my interest for wages to be as high as possible, if not higher.
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Re:H-1B visas mainly go to Indian outsourcing firms by witty_username on Friday February 10, 2017 @12:11PM (#13616954)
Sure, it's in your interest for your wages to be as high as possible, but does this maximize overall welfare?

By banning competition, the H-1B person's wage and the employer's profits go down and the product price increases.

How much depends on the relative elasticities.

Isn't this richer people banning much poorer people (immigrants) from competing with them?

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Re:H-1B visas mainly go to Indian outsourcing firms by GFK_of_xmaspast on Friday February 10, 2017 @05:05PM (#13619310)
> does this maximize overall welfare

I'm not a utilitarian.

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