Editorial Staff

Hong Tran Goes from Refugee to Realtor

/in , , , /by Editorial Staff
Share on Facebook
Share on Twitter
Share on
LinkedIn
+

Immigrants have higher rates of entrepreneurship than the U.S.-born at 11.5% compared to 9%. But there’s one group with even higher rates of business generation: refugees. Refugees have a 13% rate of entrepreneurship. They are good for our economy, but we also save lives by accepting them. There are at least 79.5 million people worldwide forced to flee their homes. For some perspective, that’s less than 1% of the world’s population, and yet last year the U.S. settled an astonishingly low 11,814 refugees. 

For Hong Tran of Worcester, Massachusetts, his early life in Vietnam and even the journey to seek safety in the U.S. was filled with tragedy. He was orphaned while fleeing and lost his baby sister to pirates in the ocean. Thankfully, the U.S. gave him and his remaining family refuge, and they have given back. They have excelled at entrepreneurship, with his aunt and uncle launching three businesses while he grew up, and today Hong has a diner, a laundromat, a liquor store, a real estate company, and a law firm under his belt, creating more than 50 jobs in the process. Hong knows what it’s like to have nothing. Even with the rise in anti-Asian bigotry, he is determined to use his influence to help other immigrants and refugees get a leg up in their new homeland. 

Get new episodes of JobMakers in your inbox!

Browse Episodes of Pioneer’s Podcasts:

Hoover at Stanford’s Stephen Kotkin on Stalin’s Tyranny, WWII, & the Cold War

Dr. Stephen Kotkin explores Stalin's origins, consolidation of power, and his Communist despotism. Kotkin delves into Stalin's cunning political maneuvers, his complex relationships with other Soviet leaders like Lenin and Trotsky, and the devastating consequences of his regime, including the forced collectivization and mass starvation of millions.

Tax Man Confounded: Why High Rates Haven’t Yielded Higher Revenue

Joe Selvaggi talks with economic scholar Dr. Brian Domitrovic about the history of federal tax policy and the reasons for why varied marginal rates fail to correlate with either tax revenue or GDP growth.

Johns Hopkins’ Ashley Berner on Educational Pluralism & Democracy

Johns Hopkins’ Institute for Education Policy director, Dr. Ashley Berner discusses educational pluralism's role in improving K-12 performance, exploring European models and the impact of U.S. school choice programs. Dr. Berner analyzes universal ESAs and vocational-technical schooling, addressing persistent academic struggles and civic knowledge gaps.

Industrial Policy Reimaged: Can Government Improve Free Markets

Joe Selvaggi discusses industrial policy, its aspirations and limitations, with CATO Institute Associate Director Colin Grabow, in response to Senator Rubio's thought piece advocating for a more active role for government in the economy.

39th U.S. Poet Laureate Robert Pinsky for National Poetry Month

 Boston University professor, Robert Pinsky discusses his memoir Jersey Breaks: Becoming an American Poet; the enduring influence of sacred texts like the Psalms; and the wide cultural significance of classic poets like Homer and Shakespeare.

Posting Patient Prices: Transparency Cure for Hospital Blank Checks

Joe Selvaggi interviews entrepreneur, philanthropist, and founder of PatientRightsAdvocate.org, Cynthia Fisher, discussing her research and advocacy for enhanced healthcare price transparency. This initiative has the potential to improve life expectancy and save Americans over a trillion dollars annually.

U.S. Chamber Foundation’s Hilary Crow on K-12 Civics Education

U.S. Chamber Foundation VP, Hilary Crow discusses the state of K-12 civics, emphasizing the Chamber Foundation’s role in addressing America’s wide civic education deficits. Crow highlights a recent national civics survey, alarming civic literacy gaps, and links between political unrest and our nation’s educational shortcomings in K-12 civics.

Constitutional Property Taking: Exclusionary Zoning’s Costs to Owners and Society

Joe Selvaggi talks with George Mason Law Professor Ilya Somin about the the costs, benefits, and legal foundations of exclusionary zoning argued in his recent paper: The Constitutional Case Against Exclusionary Zoning. 

UCLA’s Ronald Mellor on Tacitus, Roman Emperors, & Despotism

Dr. Mellor delves into the enduring influence of Tacitus, the great Roman historian, on both America’s Founding Fathers and contemporary understanding of politics and government. He discusses Tacitus's insights on the early Roman emperors, unchecked authority, moral judgment of leadership, and the decline of the Roman Republic, as well as ancient lessons for modern governance.

Poor Housing Incentives: Tax Credits Reward Politicians Not Neighbors in Need

Joe Selvaggi interviews Chris Edwards, Chair of Fiscal Studies at CATO Institute, about his research on the 40-year history of Low-Income Housing Tax Credits. They delve into its features, effects, and potential alternatives that could provide greater benefits at lower costs to taxpayers.

Tufts Prof. Elizabeth Setren on METCO’s Proven Results

Prof. Setren discusses her recent study of METCO, a pioneering voluntary school desegregation program under which Massachusetts students in Boston and Springfield are bused to surrounding suburban districts. She discusses METCO's history, the academic performance of students in the program, enrollment challenges, long-term benefits, and disparities among students.

Biden’s Budget Breakdown: Pragmatic Progress or Political Posturing

Joe Selvaggi talks with Manhattan Institute Senior Fellow Brian Reidl about how the contours of President Biden’s recently released budget proposal reveal a persistent, bipartisan reluctance to address profound structural deficits.