without these immigrants, the same Real Work would be done by domestic workers for significantly higher wages.
Are you implying that that would be a good thing? Said higher wages would still have to come from someone's pockets.
Are you implying that that would be a good thing?
No, I'm not. I do think it it would probably be a good thing, but my point was that there isn't a contradiction between (1) valuing the sort of dirty work which is typically done by men; and (2) opposing the bringing in of foreign labor en masse to do this sort of work.
LW readers have unusual views on many subjects. Efficient Market Hypothesis notwithstanding, many of these are probably alien to most people in finance. So it's plausible they might have implications that are not yet fully integrated into current asset prices. And if you rightfully believe something that most people do not believe, you should be able to make money off that.
Here's an example for a different group. Feminists believe that women are paid less than men for no good economic reason. If this is the case, feminists should invest in companies that hire many women, and short those which hire few women, to take advantage of the cheaper labour costs. And I can think of examples for groups like Socialists, Neoreactionaries, etc. - cases where their positive beliefs have strong implications for economic predictions. But I struggle to think of such ones for LessWrong, which is why I am asking you. Can you think of any unusual LW-type beliefs that have strong economic implications (say over the next 1-3 years)?
Wei Dai has previously commented on a similar phenomena, but I'm interested in a wider class of phenomena.