While there is no such wide-ranging immigration reform bill currently making the rounds in Congress, the "Stopping Trained in America Ph.D.s from leaving the Economy" (S.T.A.P.L.E.) Act, sponsored by Rep. Jeff Flake (R-Ariz.) has bipartisan support and is a step in the right direction.

When any economy faces challenges, the first thing it should do is determine if it has any self-inflicted wounds, as those are the easiest to correct. The evidence is clear that the benefits of skilled immigration are high. The costs of bad immigration are also high. It is past time for the nation to stop shooting itself in the foot.

At this two-day conference, scholars from across the country and around the world will explore the value of high-skilled immigration in a globalized labor market.