Earlier quoted context omitted.
>Seems like the sensible solution would be to auction off the immigration quota slots Sounds like a great way to skew immigration in favour of big business and completely screw over start ups and SMBs.
Pricing a scarce resource doesn't "screw over" anyone.
Citation needed!
For reference, here's a toy model where pricing a scarce resource screws someone over:
- There are two people in the model, Alice and Bob.
- Alice is very rich, Bob is very poor.
- Each of them needs a loaf of bread per day to survive (100 utility), and would also enjoy eating a second loaf (1 utility).
- Initially, each of them gets a loaf from the government for free. There are only two loaves available per day.
- Now let's price the scarce resource, and have the government sell the loaves instead! Alice buys both loaves and enjoys life. Bob doesn't get anything and dies.
Right?