Responding to today’s anticipated announcement on an immigration cap, Mark Littlewood, Director General of the Institute of Economic Affairs, said an auction system would be more efficient and would allow businesses the freedom to react to their own needs.
“If the government wants to limit immigration, it would be better to auction off visas to those willing to pay, with the receipts accruing to the Treasury. Migrants may wish to invest in a visa themselves, or indeed businesses may wish to on their behalf. People and businesses are far better able to determine their own skills and needs than a Whitehall bureaucrat attempting to understand the nuances of the nationwide labour market.
“The current proposals of the coalition government will involve an inefficient bureaucracy, with officials sitting in Whitehall offices filling in checkboxes, attempting to determine what skills people have and what skills businesses all around the country require. It is wasteful and cumbersome, and will not give businesses or individuals the freedom to react to their own particular workforce needs.”
To arrange an interview with Mark Littlewood, IEA Director General, please contact Ru