Streets of Gold: America's Untold Story of Immigrant Success

Streets of Gold: America's Untold Story of Immigrant Success

By Ran Abramitzky and Leah Boustan

Forbes, Best Business Books of 2022 Behavioral Scientist, Notable Books of 2022 The facts, not the fiction, of America's immigration experience Immigration is one of the most fraught, and possibly most misunderstood, topics in American social discourse--yet, in most cases, the things we believe about immigration are based largely on myth, not facts.

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Book Information

Publisher: PublicAffairs
Publish Date: 05/31/2022
Pages: 256
ISBN-13: 9781541797833
ISBN-10: 1541797833
Language: English

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Forbes, Best Business Books of 2022
Behavioral Scientist, Notable Books of 2022
The facts, not the fiction, of America's immigration experience Immigration is one of the most fraught, and possibly most misunderstood, topics in American social discourse--yet, in most cases, the things we believe about immigration are based largely on myth, not facts. Using the tools of modern data analysis and ten years of pioneering research, new evidence is provided about the past and present of the American Dream, debunking myths fostered by political opportunism and sentimentalized in family histories, and draw counterintuitive conclusions, including:

  • Upward Mobility: Children of immigrants from nearly every country, especially those of poor immigrants, do better economically than children of U.S.-born residents - a pattern that has held for more than a century.
  • Rapid Assimilation: Immigrants accused of lack of assimilation (such as Mexicans today and the Irish in the past) actually assimilate fastest.
  • Improved Economy: Immigration changes the economy in unexpected positive ways and staves off the economic decline that is the consequence of an aging population.
  • Helps U.S. Born: Closing the door to immigrants harms the economic prospects of the U.S.-born--the people politicians are trying to protect.
Using powerful story-telling and unprecedented research employing big data and algorithms, Abramitzky and Boustan are like dedicated family genealogists but millions of times over. They provide a new take on American history with surprising results, especially how comparable the "golden era" of immigration is to today, and why many current policy proposals are so misguided.

About the Authors

Ran Abramitzky is professor of economics and the Senior Associate Dean for the Social Sciences at Stanford University, a research associate at the National Bureau of Economic Research, a senior fellow at the Stanford Institute for Economic Policy Research, and a former co-editor of Explorations in Economic History.

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Ran Abramitzky is professor of economics and the Senior Associate Dean for the Social Sciences at Stanford University, a research associate at the National Bureau of Economic Research, a senior fellow at the Stanford Institute for Economic Policy Research, and a former co-editor of Explorations in Economic History.

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