New research demonstrates the amazing power of open markets and open borders

See Globalization Is Good for You! by Ronald Bailey of Reason. Excerpts:

"According to the Partnership for a New American Economy, 28 percent of all U.S. companies started in 2011 had immigrant founders—despite immigrants comprising roughly 13 percent of the population. In addition, some 40 percent of Fortune 500 firms were founded by immigrants or their children."

"A 2010 study in World Development, titled "Good For Living? On the Relationship between Globalization and Life Expectancy," looked at data from 92 countries and found that economic globalization significantly boosts life expectancy, especially in developing countries."

"Similarly, a 2014 conference paper titled "The long-run relationship between trade and population health: evidence from five decades," by Helmut Schmidt University economist Dierk Herzer, concluded, after examining the relationship between economic openness and population health for 74 countries between 1960 and 2010, that "international trade in general has a robust positive long-run effect on health, as measured by life expectancy and infant mortality.""

"A 2012 working paper by University of Konstantz economist Heinrich Ursprung and University of Munich economist Niklas Potrafke analyzed how women fare by comparing globalization trends with changes in the Social Institutions and Gender Index (SIGI), which was developed by the Organisation for Economic Co-operation and Development (OECD)"

"Ursprung and Potrafke concluded, "we find that economic and social globalization exert a decidedly positive influence on the social institutions that reduce female subjugation and promote gender equality."

"the more open a country is to international trade and foreign investment, the lower the incidence of exploitation."

"trade openness and liberalization significantly boost a country's rate of economic growth."

" countries that liberalized their trade regimes experienced average annual growth rates that were about 1.5 percentage points higher than before liberalization" and that "investment rates by rose 1.5–2.0 percentage points.""

"A 2009 Rutgers University-Newark working paper, "Trade Openness and Income-a Re-examination," by economists Vlad Manole and Mariana Spatareanu," concluded that  ""lower level of trade protection is associated with higher per-capita income.""

"A 2011 Research Institute of Industrial Economics working paper—"Globalization and Absolute Poverty—A Panel Data Study," by the Swedish economists Bergh and Nilsson—analyzed the effects of globalization and trade openness on levels of absolute poverty (defined as incomes of less than $1 per day) in 100 developing countries. The authors found "a robust negative correlation between globalization and poverty.""

"most of the reduction in absolute poverty results from better information flows—e.g., access to cellphones—that improve the functioning of markets and lead to the liberalization of trade."

"a 2011 working paper, "Does Trade Integration Contribute to Peace?," by the University of California, Davis researcher Ju Hyun Pyun and the Korea University researcher Jong-Wha Lee. The two evaluated the effects of bilateral trade and global openness on the probability of conflict between countries from 1950 to 2000, and concluded that "an increase in bilateral trade interdependence significantly promotes peace." They added, "More importantly, we find that not only bilateral trade but global trade openness also significantly promotes peace.""

"A 2013 University of Munich working paper on immigration and economic growth by the University of Auvergne economist Ekrame Boubtane and her colleagues analyzed data from 22 OECD countries between 1987 and 2009. It found that "migration inflows contribute to host country economic prosperity (positive impact on GDP per capita and total unemployment rate)." The authors concluded that "immigration flows do not harm the employment prospects of residents, native- or foreign-born. Hence, OECD countries may adjust immigration policies to labour market needs, and can receive more migrants, without worrying about a potential negative impact on growth and employment."

In a 2009 National Bureau of Economic Research study, "The Effect of Immigration on Productivity: Evidence from U.S. States," the University of California, Davis economist Giovanni Peri looked at the effects of differential rates of immigration to various American states in the 1990s and 2000s. Peri found that "an increase in employment in a U.S. state of 1% due to immigrants produced an increase in income per worker of 0.5% in that state." In other words, more immigrants meant higher average wages for all workers."