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Tyler Cowen: A Conservative Case for Liberal Immigration
Immigrants holding American flags become naturalized American citizens by taking the oath of allegiance to the United States of America at a ceremony on Ellis Island. (Andrew Holbrooke/Corbis via Getty Images)
Restrictionists say they want to preserve America’s character. But immigrants accomplish that by bringing creativity, industriousness, and family values.
By Tyler Cowen
08.13.26 — U.S. Politics
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“If we want things to stay as they are, things will have to change.” So spoke Don Tancredi to his uncle in Giuseppe Tomasi di Lampedusa’s famous novel The Leopard. Few truths are more important for understanding the current American predicament when it comes to immigration policy.

The issue cuts in the exact opposite direction of how many critics understand it. Opponents of immigration often picture a rosy image of American life to which they want us to “retvrn”: the widely shared prosperity of the 1950s, backed by a growing economy, and leavened by an optimistic culture focused on family life. But if we wish to keep a dynamic, pro-wealth, pro-family American ethos in place, we will need a liberal immigration policy.

Unfortunately, we seem to be tightening. The migration inflow into the U.S. has declined precipitously, and it is not just because illegal border crossings have been curtailed (I do support that particular development). For instance, net inward migration was 2.7 million in 2024, but only 1.3 million by 2025.

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Tyler Cowen
Tyler Cowen is Holbert L. Harris Professor of Economics at George Mason University and also Faculty Director of the Mercatus Center. He received his PhD in economics from Harvard University in 1987. His book The Great Stagnation: How America Ate the Low-Hanging Fruit of Modern History, Got Sick, and Will (Eventually) Feel Better was a New York Times best-seller. He was named in an Economist poll as one of the most influential economists of the last decade and Bloomberg Businessweek dubbed him "America's Hottest Economist." Foreign Policy magazine named him as one of its "Top 100 Global Thinkers" of 2011. He co-writes a blog at www.MarginalRevolution.com, hosts a podcast Conversations with Tyler, and is co-founder of an online economics education project, MRU.org. He is also director of the philanthropic project Emergent Ventures.
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