Milken Institute
Showing 1216–1230 of 1442 transcripts.
- 1h 0m
Housing Finance and Private Capital
Phil Swagel, Gene Sperling, Josh Rosner, Drew Newton, Jim Lockhart, Don Layton
Former officials and industry leaders including Gene Sperling, Josh Rosner, and Jim Lockhart debated legislative frameworks to dismantle the Fannie Mae and Freddie Mac duopoly, agreeing on the necessity of explicit government backstops and private capital buffers while clashing over specific regulatory powers and market concentration risks. The discussion highlighted a White House push for an affordability fee and highlighted deep disagreements on whether current proposals contain sufficient "first-loss" provisions to prevent future taxpayer bailouts or if they dangerously concentrate risk among a limited pool of private investors. Ultimately, the panel identified a contentious path toward reform that requires balancing reduced government market share against the urgent need for modernized infrastructure and robust counter-cyclical regulations within a $10 trillion mortgage system.
- 59 min
Abenomics in Japan: Are the Three Arrows on Target?
Mr. Honda, Paul Sher, John Kodonos, Ambassador Chen, Curtis, Madeline Antonsica, Alec Ellison, Wei-Ming Yuan, Alex von Furstenberg
Following two decades of stagnation driven by persistent deflation, Prime Minister Shinzo Abe launched the "Abenomics" framework in 2013, uniting aggressive monetary easing under Governor Haruhiko Kuroda, fiscal stimulus, and structural reforms. While these policies successfully shifted inflation expectations and expanded the central bank's balance sheet, the strategy faces significant headwinds including a consumption tax hike, a severe demographic decline, and skepticism regarding the depth of corporate governance changes. Although Japan retains unique advantages such as domestic debt currency and massive household savings, sustained economic recovery ultimately depends on the successful execution of long-term supply-side improvements to overcome bureaucratic barriers and low fertility rates.
- 53 min
Global Risk
Jim Brooks, General Wesley Clark, Ambassador Hussein Haqqani, Ambassador Paul Wolfowitz
General Wesley Clark, Ambassador Paul Wolfowitz, Ambassador Hussein Haqqani, and Jim Brooks convened to analyze the global implications of Russian aggression in Ukraine, China's rising "China Dream," and instability in the Middle East and Latin America. The panelists collectively warned that U.S. reticence signals weakness to adversaries, urging an immediate shift from "leading from behind" to a strategy of robust defense for Ukraine, accelerated energy independence, and active support for opposition forces in Syria. They concluded that American global leadership is contingent upon restoring domestic economic vitality and reasserting credible hard power to prevent a geopolitical shift toward a new century of conflict.
- 1h 12m
The Global Economy: Hoping for Momentum amid Tepid Times
Skip Reimer, Jim McCoggan, Terry Duffy, Alex Friedman, Joshua Harris, Alan Howard, Min Zhu
The 17th annual Milken Institute Global Conference convened 650 speakers, including Jim McCoggan, Joshua Harris, and IMF Deputy Managing Director Min Zhu, to analyze diverging global monetary policies and tepid economic growth. Panelists debated U.S. GDP forecasts of 2.7% to 3% against risks from elevated valuations and potential recession, while highlighting Europe's banking deleveraging and emerging market vulnerabilities driven by China's credit boom. The discussion concluded with warnings that geopolitical tail events from the Russia-Ukraine crisis and regulatory fragmentation could disrupt market stability despite current low volatility.
- 1h 49m
A Conversation With Financial Innovators
Lewis Ranieri, Richard Sandor, Myron Scholes, Michael Milken, Stacey Ward, Sri
The Milken Center for Financial Markets convened a panel of experts including Richard Thaler, Lou Sabino, and Mike Milken to critique the misalignment of regulatory structures with market realities, citing specific failures in housing, insurance, and climate policy. Speakers highlighted severe systemic issues ranging from the erosion of personal responsibility and inefficient government mandates to a $7 trillion outsourcing dilemma in mortgage servicing that threatens domestic job stability. The discussion concluded with a call for market-based solutions, such as pricing externalities and reforming complex legislation like Dodd-Frank, to restore structural strength and foster sustainable economic growth.
- 7 min
2013GC Cyber Illusionist
Marco, self-described as a cyber illusionist, leverages magic to prototype future technologies by presenting "illusion glasses" that simulate augmented reality concepts independent of Google's Project Glass. He grounds his digital demonstrations in the esoteric symbolism of a standard 52-card deck, meticulously mapping suits to seasons, cards to lunar phases, and spot counts to the days of the year. After discussing the mathematical odds of skilled card handling, the performance culminated in a tangible trick revealing a real card to distinguish physical reality from simulated elements.
- 1h 12m
The Path to Awakening
Shamar Rinpoche, Marc Junkunc, Skip Reimer, Lori Milken, Dr. Mark Junkins
At the Milken Institute Forum, Shamar Rinpoche, the 14th Red Hat Lama of Tibet, presented his secular commentary *The Path to Awakening* to a panel including Dr. Mark Junkins, addressing Western anxiety through non-sectarian mind training methods. Rinpoche outlined specific practices such as Tonglen meditation and the "horse eating grass" technique designed to help practitioners manage thoughts and emerge from dualistic illusions without requiring strict guru-disciple commitments. The session concluded with an electronic Q&A that clarified the relationship between ancient Buddhist concepts like karma and modern challenges, including the impacts of urban life, technology, and brain science on spiritual development.
- 1h 15m
Unleashing the Second American Century: Four Forces for Economic Dominance
Joel Kurtzman, Tom Nuttall, Skip Reimer
Joel Kurtzman presents a "Second American Century" thesis, asserting that advanced manufacturing, energy independence, and a robust innovation sector are reversing the narrative of U.S. decline. He highlights that $65 billion in new domestic plant investments and a surge in oil production have lowered costs while reducing geopolitical reliance on the Middle East, even as CO2 emissions drop to 1993 levels. To sustain this momentum, Kurtzman advocates for automatic green cards for foreign university graduates and urges policymakers to address wealth inequality through STEM education rather than redistribution, warning that political dysfunction remains the primary obstacle to realizing these economic potentials.
- 1h 30m
A Hollywood Exit: What California Must Do to Remain Competitive in Entertainment - and Keep Jobs
Fred Baron, Rajiv Dalal, Kathy Garmezy, Joseph Henchman, Kevin Klowden, Larry Mantle, David Rockefeller Jr.
Facing an 11% workforce decline and a 50% drop in feature film production since 2004, California officials and industry leaders are advocating for legislation to replace the state's capped lottery system with a non-tradable, expanded tax credit program. Proposed reforms aim to increase annual funding to $1 billion and extend incentives to large-budget films and visual effects to counter the migration of crews to states offering higher subsidies. While fiscal critics warn of unsustainable "race to the bottom" dynamics citing Michigan's failed 40% credit, panelists argue that preserving the state's dense infrastructure and middle-class jobs justifies the investment to stabilize a shrinking domestic market.
- 57 min
The 2014 Atlanta Summit - - The Business Case for Public Health
Mike Milken, Mahmoud, Rajiv, Steve Byrd, Bob, Judy, Leisha Hancock, Tom
This event synthesizes perspectives from the CDC, PepsiCo, Fidelity, Safeway, and the pharmaceutical sector to highlight a systemic shift from isolated interventions to cross-sector collaboration for managing chronic disease and innovation. Participants detailed how major corporations are reducing health risks through data-driven strategies, such as PepsiCo's portfolio reformulation and Safeway's biometric incentives, while biotech investors address the funding gap for high-risk scientific breakthroughs. Ultimately, the discussion emphasizes that saving lives requires a unified ecosystem where government agencies, private industry, and academic centers align resources to tackle preventable mortality and unsustainable healthcare costs.
- 54 min
The 2014 Atlanta Summit - - Lunch Program
Judith, Trevor, Mike, Carmen, Frida, Tom
This event examines the century-long strategic evolution of major philanthropies like the Rockefeller Foundation, detailing their pivot from medical cures to integrated public health systems and the resulting cross-disciplinary fields. It highlights modern innovations such as geospatial data integration for polio eradication and the rise of non-traditional partnerships between governments, pharmaceutical giants like Pfizer, and patient advocacy groups to address both infectious and non-communicable diseases. The discussion further underscores global health security challenges, including antimicrobial resistance and pandemic preparedness, while showcasing how mobile technology and crowdsourcing enable developing nations to leapfrog infrastructure barriers.
- 57 min
The 2014 Atlanta Summit - - Government, Industry and a Healthier Future: A Leadership Forum
Mike Milken, Tom Frieden, Vince, Representative Kinston, Representative Bishop, Sue Siegel, Bob Hugin, Steve Knapp, Jack
Industry leaders from GE and Beckman Coulter, joined by Congressional representatives Sanford Bishop and Mike Kingston, convened to align public-private strategies for leveraging CDC data in pandemic preparedness and chronic disease management. Discussions highlighted a critical shift toward subscription-based surveillance funding and point-of-care diagnostic innovations, driven by the economic imperative to address the projected $1 trillion annual cost of chronic illnesses. Participants concluded by urging a reframing of public health as a driver of economic competitiveness, calling for rigorous data monetization to secure congressional support for prevention initiatives.
- 47 min
The 2014 Atlanta Summit - - The Economic Burden of Chronic Disease: Preventing the Preventable
Ross DeVol, Margaret Anderson, Steve Bird, David Heber, Ken Thorpe
Milken Institute's Ross Duvall, Safeway's Steve Bird, UCLA's David Heber, and Emory's Ken Thorpe presented a unified analysis revealing that rising chronic disease prevalence, particularly in diabetes and stroke, is the primary driver of escalating healthcare costs despite controlled medical inflation. The panel highlighted successful private-sector interventions, such as Safeway's biometric wellness programs and social network strategies for obesity, which achieved significant cost reductions by targeting visceral fat and behavioral incentives rather than relying solely on traditional medical treatment. To scale these proven models, the speakers urged policymakers to reframe Medicare reform as a proactive health strategy, overcome Congressional Budget Office scoring constraints, and replace fee-for-service payment structures with value-based incentives that prioritize prevention and early disease management.
- 51 min
The 2014 Atlanta Summit - - Race We Can't Afford to Lose: Outsmarting Superbugs
Larry Brilliant, Beth Bell, Victoria Nahum, Lance Price, Andy von Eschenbach
Public health leaders convened to address the critical obsolescence of U.S. disease surveillance technology, which currently lags behind the rapid, cost-effective capabilities of Advanced Molecular Detection required to combat antimicrobial resistance and food-borne threats. Panelists detailed the catastrophic societal costs of preventable infections, including specific cases where delayed diagnostics contributed to mortality, while arguing that federal inaction represents the single greatest immediate risk to national security and public safety. The discussion concluded with a unified call for mandatory antibiotic stewardship, standardized genomic testing, and medical diplomacy to secure global health infrastructure before emerging pathogens outpace current diagnostic limitations.
- 1h 23m
The Frackers: The Outrageous Inside Story of the New Billionaire Wildcatters
Gregory Zuckerman, Joel Kurtzman, Conrad Kieschel, Greg Zuckerman, David J., Eric Schmidt, John McCutchan, David Freeman, David Sanger
At a Milken Institute forum, author Greg Zuckerman and moderator Joel Kurtzman analyzed how unconventional entrepreneurs like George Mitchell and Harold Hamm drove a U.S. energy revolution, slashing import dependence from 40% to 14.5% through hydraulic fracturing innovations. This technological surge, powered by horizontal drilling and "slick water" fracking, transformed the nation into the world's top energy producer while generating millions of jobs and reshaping global geopolitical dynamics. Despite ongoing debates regarding environmental safety and seismic activity, the discussion emphasizes that these breakthroughs have provided a critical economic bridge toward future renewable energy adoption.