My Latest Column: The Case for Assimilation Bonds

by Reihan Salam

Even when we leave aside the highly-charged question of what to do with unauthorized immigrants, advocates of immigration reform on the left are concerned about the barriers less-skilled and low-income individuals face in the immigration and naturalization process while advocates of immigration reform on the right tend to be more concerned about the net fiscal impact of immigration. In a new column, I argue that “assimilation bonds,” a concept the Duke University economist Jacob Vigdor develops in his 2010 book From Immigrants to Americans, might be a way to square the circle.