Some follow the noise.

Bloomberg follows the money, whether it's the funds fueling AI or crypto's trillion-dollar swings.

There's a money-side to every story.

Get the money-side of the story.

Subscribe now at Bloomberg.com.

Thank you. Welcome to Kennedy saves the world.

And today we're going to be talking about saving immigration in this country because obviously our immigration system and the policy and non-policy, it's not working.

You can see that not only what's happening right now at the southern border and unaccompanied minors making perilous journeys through multiple countries in order

to get here and realize the American dream maybe at their parents behest. But also immigration

in and of itself has been broken for so long. It has been bandated by the pendulum of executive

fiat, which has only made things more confusing,

more chaotic, and more dangerous for people who are trying to come to this country.

So what I want to talk about today is sort of generally, how is a libertarian and liberty-based

approach to immigration, the preferable one? How would something

like that work? How would you implement something like that? What does it look like? And specifically,

what libertarian solutions could be applied right now on the southern border? Because things have been

pushed to the point where no one wants to

take responsibility and things have really fallen apart. So joining me today, a very smart person,

Alex No Rasta, who is the head of immigration policy at the Cato Institute. Alex, welcome to Kennedy

Saves the World. Thanks so much for having me. So let's talk about generally,

because you know, you have two kinds of policies which don't work in theory and they also don't

work in implementation. And one is the hardcore, build the wall, shut it down, you know, almost a zero

...