There’s an economic argument to limiting immigration to the U.S.: Cut down on the supply of foreign labor and wages will improve for native-born Americans. But new research shows the equation isn’t that simple. A team of economists looked at the mid-century “bracero” program, which allowed nearly half a million seasonal farm workers per year into the U.S. from Mexico. The Johnson administration terminated the program in 1964, creating a large-scale experiment on labor supply and demand. The result wasn’t good news for American workers. Instead of hiring more native-born Americans at higher wages, farmers automated, changed crops or reduced production.