#436: If Economists Controlled The Borders

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 engineersAuction off immigration slots to the highest biddersOpen the gates, and let everyone in