[FOR INTERNAL REVIEW] Zeke Hernandez - Knowledge Travels in People

ECON OF WORK - Private feed for review · Oct 28, 2026 · 47m

mmigration debates usually start and end with jobs and wages. Wharton professor Zeke Hernandez argues that labor is only one of five channels, alongside consumption, innovation, investment, and taxes, and that the other four are where much of the value shows up.

Topics covered:

• How Grupo Bimbo's US headquarters in Pennsylvania created value on both sides of the border

• Why immigrants are 80% more likely to start a business, and who those firms end up hiring

• How immigrant inventors raise the patenting of their US-born collaborators

• Why knowledge sticks to places, and how German ancestry…