Turner turns

Immigration = unalloyed economic good, right? Wrong, says Adair Turner:

In a paper entitled Do We Need More Immigrants And Babies?, he rejects arguments that without immigrants Britain would face a shortage of workers as mostly "economically illiterate". A stable population is more favourable to well-being, he says.

Of course, Turner, an adviser to Gordon Brown and former head of the CBI, knows exactly how that will play in a future electoral battle. Immigration and taxes. Coming soon to a ballot box near you.