Episode 436: If Economists Controlled The Borders

Enlarge this image toggle caption Scazon/Flickr Scazon/Flickr

Note: Today's show is a re-run. It originally ran in February, 2013.

For the first time in a while, there's political momentum building to change the U.S. immigration system. On today's show, we ask three economists: What would the perfect system look like? If we could scrap the mess of a system that we currently have and replace it with anything, what would it look like?

Among the answers:

Let in lots more doctors and engineers

Auction off immigration slots to the highest bidders

Open the gates, and let everyone in

Music: K'naan's "Coming to America." Find us: Twitter/ Facebook/ Spotify/ Tumblr. Download the Planet Money iPhone App.