31st Henry George lecture

Eliana Saks

Famous labor economist David Card, Ph.D. will speak at The University Tuesday for the 31st annual Henry George Lecture.
Card is the director of the labor studies program at the National Bureau of Economic Research and a professor of economics at The University of California, Berkeley.

Card began his economics education with his bachelor of arts degree from Queen’s University in Ontario in 1978. He then proceeded to earn his Ph.D. in economics from Princeton University in 1983, mentored by another famous economist, Orley Ashenfelter.

After that Card served as associate editor of the Journal of Labor and Economics from 1988 to 1992. Then he was co-editor of “Econometrica” from 1993 to 1997.

In 1995 Card received the John Bates Clark Medal recognizing his major accomplishments as an economist under the age of 40. After that recognition, Card began to earn even more fame. He gave the 2009 Richard T. Ely Lecture for the American Economic Association in San Francisco.

Then in 2014 he was elected vice president of the American Economic Association.
Card extensively researched the minimum wage and wrote several books and papers on the topics. He is now being recognized for his contributions in this area.

His talk Tuesday will focus on the economics of immigration. Card uses his Canadian heritage to juxtapose the U.S. and Canada in their economics, especially in terms of immigration and its effects. His research has shown that the economic effect of immigrants is negligible.

He criticizes those who argue against immigration on economic grounds because there is no basis for that point. Although he does not argue for an immigration increase, he believes immigration in general does not threaten the labor market.

The lecture is being hosted by The University’s economic and finance department and the local chapter of Omicron Delta Epsilon.

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