Milken Institute
Showing 1516–1530 of 2095 transcripts.
- 1h 0m
2015 CA Summit - Opening the Golden Gate: Strategies to Attract Foreign Direct Investment
Curtis S. Chin, Caroline Beteta, Juan Carlos Briseño, Sonnet Hui, Brian Peck, John Scull
Leading experts and officials convened to address California's status as the top U.S. recipient of foreign direct investment while confronting rising competition and regulatory hurdles such as CEQA and restrictive visa policies. Panelists from government, venture capital, and real estate sectors, including Hazen's Group and Visit California, emphasized the critical need for infrastructure upgrades, federal immigration reform, and unified regional branding to sustain economic growth. The dialogue highlighted specific opportunities to deepen ties with Mexico and China through enhanced student exchanges and strategic public-private partnerships, aiming to translate tourism demand into tangible manufacturing and technology investments.
- 1h 5m
2015 CA Summit - Notice to Proceed: Clearing a Path for Infrastructure Financing
Dale Bonner, Samara Barend, Teveia Barnes, Marc Levine, Dean Palumbo
A panel of California Assemblymember Mark Levine, I-Bank official Tavia Barnes, and industry leaders from AECOM and Plenary addressed the state's $64 billion infrastructure maintenance gap and the political hurdles hindering effective public-private partnerships. The discussion highlighted the need for legislative reforms to accelerate project timelines, the adoption of innovative financing tools like third-party verification and tax-exempt bonds, and the potential of technology to reduce costs and increase operational efficiency. Speakers emphasized that while local agencies are successfully leveraging private capital for delivery, the state must overcome risk aversion and bureaucratic delays to meet the 2.5% GDP investment benchmark required for adequate infrastructure growth.
- 1h 2m
2015 CA Summit - Fostering Innovation to Improve Health Care
Ross DeVol, Donald Crane, Ed Hernandez, Richard Merkin, Kristen Miranda, Art Torres
Leading health stakeholders convened to address California's critical healthcare challenges, including a bifurcated payment system introduced by the 2015 MACRA law and the accelerating market consolidation among insurers like Blue Shield and Anthem. Panelists highlighted that while innovations such as the Heritage Health Prize and joint data exchanges offer promise, systemic barriers like low Medi-Cal reimbursement rates and a 300% pay disparity between specialists and primary care providers continue to drive costs and exacerbate workforce shortages. The discussion concluded that without shifting from volume-based to value-based models and addressing demographic disparities in Covered California enrollment, unchecked consolidation may force government rate regulation to protect consumers.
- 1h 18m
The Conservative Heart: How to Build a Fairer, Happier and More Prosperous America
Arthur C. Brooks, George F. Will, Mike Clouden
Arthur Brooks delivers a comprehensive argument that free enterprise, driven by aspiration and moral sentiment rather than greed, is the most effective mechanism for lifting billions out of poverty while warning against the spiritual emptiness of material attachment. He critiques current cultural and educational stigmas against skilled trades and calls for "breakout leadership" to foster bipartisan cooperation centered on opportunity for the poor. The session concludes with a Q&A and book signing for Brooks' work, *The Conservative Heart*, exploring strategies to balance economic success with endogenous life goals.
- 1h 36m
Between Debt and the Devil: Money, Credit and Fixing Global Finance
Adair Turner, Mike Clouden, Matt Miller, Lord Adair Turner
Lord Adair Turner, former chairman of the UK Financial Services Authority, argues in *Between Debt and the Devil* that the global economic stagnation following the 2008 crisis stems from a failure to regulate private credit creation, which has shifted predominantly toward real estate speculation rather than business investment. He advocates for radical policy reforms including significantly higher bank capital requirements, strict lending limits on property markets, and the adoption of "overt money finance" to escape persistent low-growth equilibriums. Turner warns that without these structural adjustments and a reintegration of banking realities into macroeconomic models, advanced economies face continued inequality and the risk of social instability.
- 1h 33m
Building a 21st Century Workforce and Market – What’s the Solution? (KPCC Forum Series)
Matt Horton, John Cohn, Ben Bergman, Kevin Clowden, Vontone Quinlevin, Jessica Goodhart, Russell Ragsdale
Presenters analyze California's severe economic challenges, including a 5.9% unemployment rate and housing unaffordability, alongside a critical workforce shortage driven by the decoupling of productivity and employment numbers. In response, local utilities like Southern California Edison and community colleges are piloting "earn while you learn" programs and expanding Career Technical Education to fill high-paying middle-skill roles in sectors ranging from solar energy to advanced manufacturing. The discussion concludes that future regional competitiveness depends on shifting toward a continuous retraining economy supported by micro-credentials and targeted government procurement to sustain local employment growth.
- 1h 31m
Staying Afloat During the Drought: Using Technology to Reshape Our Relationship to Water
Steve Gregory, Kelly Sanders, Nick Haan, Lorcan O’Herlihy, David R. Pettijohn, Andrew Fahlund, Matt Horton
Co-hosted by the Milken Institute and KPCC, this forum convened experts to address California's unsustainable water reliance through strategies like the Los Angeles Department of Water and Power's goal to cut imported water use by 50% by 2024. The discussion highlighted innovative approaches including decentralized neighborhood capture, the Singularity University global challenge for new water sources, and a shift toward treating energy and water as an interconnected system. Panelists ultimately identified conservation, recycled water, and agricultural efficiency as the most immediate solutions while noting persistent legal and structural barriers to implementing tiered pricing and direct potable reuse.
- 1h 24m
The Open Data Opportunity: How Government Information Can Change the Way California Does Business
Kevin Cloud, Jason Barrett, Ben Welsh, Deep Varma, Alex Padilla, Alicia Ruo, Ted Ross
California Governor Jerry Brown recently signed AB 169 and SB 272, mandating that state and local agencies publish machine-readable data and comprehensive inventories to shift operations from information hoarding to transparency. This legislative framework has catalyzed economic efficiency, enabling private firms like Trulia to reduce engineering overhead while allowing cities such as Los Angeles to eliminate costly redundant systems through public-private partnerships. Despite facing challenges regarding data quality, talent gaps, and cultural resistance, these reforms aim to standardize information across jurisdictions to enhance government performance and citizen decision-making.
- 1h 17m
The Silo Effect: The Peril of Expertise and the Promise of Breaking Down Barriers
Gillian Tett, John Seely Brown, Conrad Kieschel
The event examines the "Silo Effect," a cognitive and organizational fragmentation that drove failures ranging from the 2008 financial crisis to Sony's missed digital opportunity, while offering proven strategies to dismantle these barriers. It details how intentional physical design, data integration in New York City, and cultural shifts at organizations like the Cleveland Clinic and Facebook foster necessary "productive friction" to restore holistic vision. Ultimately, the discussion emphasizes that overcoming rigid classification requires leadership to prioritize unstructured collaboration and individual efforts to consume diverse perspectives to prevent future catastrophic breakdowns.
- 56 min
London Summit 2015 - Creating an Enabling Environment for Growth in Africa (I)
Henry Obi, Chinelo Anohu-Amazu, Gachao Kiuna, Scott Mackin, Ali Mufuruki, Ebele Okobi
A panel of investment leaders and institutional managers outlined how closing Africa's critical power deficit requires shifting domestic capital, such as Nigeria's and Kenya's expanded pension funds, into long-term infrastructure projects that offer equity returns exceeding 20%. By prioritizing industrial electricity over consumer-focused tech and avoiding markets plagued by fiscal indiscipline, firms like TransCentury and Denim Capital are demonstrating that basic infrastructure execution generates outsized yields despite prevailing risk narratives. This strategic pivot aims to transform the continent from a mere consumption market into a productive economy capable of sustaining high growth through localized, capital-efficient models.
- 1h 3m
London Summit 2015 - Bridging the Talent Divide: Demand-Driven Education for a Diverse Workforce (I)
Mark Cahill, Nancy Altobello, Meabh Quoirin, Richard Socarides, Tim Stewart, Aniela Unguresan
Leading global organizations and educational institutions are redefining workforce development by shifting from rigid academic credentials to experiential "liquid skills" and peer-to-peer learning models in response to automation and demographic shifts. Key figures from EY, GLG, and various universities emphasize a shared responsibility among governments, businesses, and individuals to implement apprenticeships, mandate non-linear career paths, and prioritize cognitive diversity over traditional pedigree. This collaborative evolution aims to close the skills gap by restructuring degree programs, normalizing diverse hiring practices, and fostering a culture where continuous reskilling and emotional intelligence serve as the primary drivers of employability.
- 59 min
London Summit 2015 - Investing in Art as an Asset Class: Passion or Profit? (I)
Iain Robertson, Philip Hoffman, Howard Lewis, Clare McAndrew, Lucian Simmons
A comprehensive panel discussion explores the global art market's $51 billion scale, analyzing its heavy skew toward high-value transactions and the divergent strategies of institutional investors versus speculative collectors. Experts debate the asset class's liquidity, authentication risks, and regional dynamics, particularly the shifting power of the Chinese market and the volatility of emerging sectors. The consensus highlights a projected 30-year growth trajectory driven by diversification needs, though participants caution that returns range from significant losses to 10% annualized gains depending on strict adherence to blue-chip selections and ownership cost management.
- 1h 2m
London Summit 2015 - e-Access: Technology Opens Doors to the Rural and Remote (I)
Daniel Gorfine, John Fallon, Michael Macharia, Samer Salty, Gary Stewart
Hosted by Daniel Gorfine of OnDeck, a panel including leaders from Zoo Capital, Telefónica, Pearson, and 7C Technologies explored how mobile technology and public-private partnerships are transforming critical sectors in Africa. The discussion detailed successful case studies such as Kenya's conversion of post offices into service hubs, off-grid solar adoption in Tanzania, and hybrid education models that address global literacy gaps. Panelists emphasized that overcoming bureaucratic friction and funding gaps requires shifting government metrics from inputs to outcomes while fostering scalable, commercially viable alliances between incumbents and startups.
- 58 min
London Summit 2015 - Innovative Finance: Solving SMEs Capital Access Dilemma (I)
Brian Knight, Thomas Davies, Shalini Khemka, Lucy Vernall, Rob Young, Tom Davies
A panel of leaders from OnDeck, Funding Circle, Seedrs, and E2E Exchange discussed how regulatory shifts and high bank costs have driven a capital gap for SMEs that alternative finance platforms are now filling through rapid, data-driven lending models. These innovators highlighted their success in democratizing investment for retail investors while navigating distinct regulatory landscapes in the UK and US to balance accessibility with necessary consumer protection. The event concluded with a consensus that traditional banks will increasingly partner with fintechs rather than compete, signaling a future where alternative financing becomes a normalized, integrated component of the global financial ecosystem.
- 58 min
London Summit 2015 - Tech Rx: Harnessing Big Data to Cure Disease
Margaret Anderson, Mary Baker, Albert Bourla, Gianrico Farrugia, Nicole Mather, Nicola Perrin
Hosted by Margaret Anderson of Faster Cures, this session united stakeholders from the European Brain Council, Mayo Clinic, Pfizer, and the UK government to discuss leveraging big data for accelerating disease cures. Key speakers highlighted critical progress in utilizing real-world data for clinical decisions while underscoring persistent barriers regarding data quality, privacy regulations, and public trust. The collective outcome emphasized a strategic shift toward unified global data infrastructure and patient-centered outcomes to transform biomedical research from hypothesis generation into actionable, equitable therapies.