Free trade raises our standard of living, not by adding jobs, but by increasing what Adam Smith called the division and specialization of labor, making jobs more productive.

FORBES: Protection Does Not Create Jobs

When individuals in other nations suffer the economic pain of inflation through declining investment, we too hurt for the natural expansion of the global division of labor that authors our economic specialization being halted to varying degrees.

FORBES: Bernanke's Confusion Is Our Economic Ill Health

In fact, to the extent that more education means more specialization of the U.S. workforce, it is helpful to have access to have flexible and dynamic foreign labor markets.

FORBES: Is Education A Substitute For Immigration?