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  1. Milken Institute52 min

    Dinner Panel: Mike Milken Interviews Eike Batista and T. Boone Pickens

    Mike Milken, Eike Batista, T. Boone Pickens, Michael Milken

    Nobel laureates and energy advocates Boone Pickens and Ike Batista identified energy and education as the two primary drivers of global societal challenges, contrasting U.S. legislative gridlock over natural gas solutions with Brazil's stable "unleveraged economy." While Pickens advocates for replacing imported diesel with domestic natural gas to reduce reliance on OPEC, Batista highlights Brazil's massive offshore oil discoveries and strategic investments as a key frontier for global energy needs. The panel further outlined specific economic strategies, including U.S. job creation through fuel conversion and Brazil's $15.5 billion EBX Group expansion, positioning both nations as critical players in the future resource landscape.

  2. Milken Institute59 min

    Dinner Panel - The Defining Issues Facing America

    Evan Bayh, Bob Casey, Bob Corker, Mitch Daniels, Jessica Yellin

    Prominent policymakers including Senators Bob Corker, Evan Bayh, and Bob Casey, alongside Governor Mitch Daniels, convened to address the looming $1.2 trillion sequestration and the urgent need for a structural "grand bargain" involving tax reform and entitlement changes. The panelists identified extreme political polarization and the upcoming Supreme Court decision on the Affordable Care Act as primary barriers to fiscal stability, while simultaneously analyzing the negative impact of Super PACs on the current election cycle. Despite skepticism regarding immediate legislative success in the "lame duck" session, the group agreed that sustained economic pressure and public frustration will likely compel a bipartisan solution within the next two years.

  3. Milken Institute1h 6m

    Milken Institute/Google -- Innovation

    Aneesh Chopra, Vijay Vaitheeswaran, Tony Fratto, Pablo Chavez, Brad Belk, Tony Prado, Shalina, Alayna Nolan, Tim Jarbo

    Google and the Milken Institute co-hosted the maiden restart of "DC Talks," featuring a panel of experts including former U.S. CTO Anish Chopra and journalist Vijay Vaitheeswaran to dissect the role of government in fostering an innovation-driven economy. The discussion highlighted policy strategies such as open data initiatives, technology-neutral prizes, and infrastructure investment that have successfully accelerated adoption in sectors like health IT and renewable energy while emphasizing a shift from invention to value-creating fresh thinking. Looking forward, the speakers advocated for tolerance of failure, lifelong learning systems, and new accounting standards to recognize intangible assets as essential drivers for solving complex global challenges in the 21st century.

  4. Milken Institute1h 23m

    California's Stem Cell Initiative: Mapping the New Frontier of Medicine

    Dr. Alan Trounson

    Scheduled for April 27–29 at the Beverly Hilton Hotel, the upcoming global conference will feature strategic updates from CIRM leadership, including discussions on $632.5 million in awarded grants and a new billion-dollar commitment to Disease Teams. The meeting also addresses critical logistical changes, such as a 10% attendance reduction to improve quality, alongside presentations on overcoming funding gaps caused by California's budget impasse. With key figures like Chris Ailman participating in related February events, the agenda emphasizes accelerating translational breakthroughs in stem cell therapies for conditions like spinal cord injury and diabetes while navigating complex regulatory landscapes.

  5. Milken Institute1h 20m

    Taking Liberties: The War on Terror and the Erosion of Democracy

    Susan Herman, John Eastman

    In a Milken Institute panel, ACLU President Susan Herman and Chapman Law School's John Eastman debated the post-9/11 expansion of state surveillance powers under the USA Patriot Act and the shifting legal frameworks of the Fourth Amendment. While Eastman defended expanded tools like roving wiretaps and enhanced interrogations as essential wartime necessities that successfully led to Osama bin Laden's death, Herman countered that these measures constitute ineffective "security theater" and have eroded civil liberties without proportional security benefits. The discussion ultimately highlighted deep partisan divides regarding the balance between national security and constitutional due process, particularly concerning the targeted killing of citizens and the indefinite detention of alleged combatants.

  6. Milken Institute1h 15m

    The Comeback: How Innovation Will Restore the American Dream

    Gary Shapiro, Jared Carney

    Gary Shapiro contends that innovation must serve as the primary national strategy to resolve the U.S. fiscal crisis, arguing that traditional spending cuts and tax hikes are insufficient to address the unsustainable trajectories of Social Security, Medicare, and Medicaid. He advocates for specific reforms including strategic immigration of high-value STEM talent, the reduction of aggressive antitrust litigation that stifles companies like Boeing and Google, and the reallocation of capital from low-return stimulus projects to a dynamic economy driven by creative destruction. Shapiro challenges the government to leverage American heterogeneity and risk tolerance by joining the "Innovation Movement" to pressure leaders into prioritizing long-term growth over political convenience.

  7. Milken Institute7 min

    The Global Biomedical Industry: Preserving U.S. Leadership

    Ross Duvall, Jeff

    The Milken Institute's latest report highlights the critical role of the U.S. biomedical sector, which supports over 5 million jobs but faces declining competitiveness due to outdated tax structures and shrinking domestic STEM enrollment. With the era of blockbuster drugs ending and rivals like China rapidly advancing in nanotechnology, the study argues that immediate policy reforms are essential to restore American leadership. Key recommendations include permanently enhancing the R&D tax credit by 25%, reducing the federal corporate tax rate to the advanced economy average of 23%, and increasing funding for the FDA and NIH to better accommodate personalized medicine frameworks.

  8. Milken Institute10 min

    Ross DeVol interviews Paul Kusserow of Humana

    Ross DeVol, Paul Kusserow, Ross Duvall, Paul Coussereau

    Humana completed an $800 million acquisition of Concentra to integrate occupational health services and shift care to alternative sites, aiming to reduce costly hospitalizations amid a looming global physician shortage. To address demographic pressures and a projected 130,000-physician gap by 2020, the company is leveraging a hybrid model that combines technology like sensor monitoring and telemedicine with expanded roles for nurse practitioners and "health extenders." This strategy seeks to mitigate rising costs for the 15% of members driving the majority of expenses while managing the care needs of an aging population through integrated wellness programs and algorithmic data analysis.

  9. Milken Institute8 min

    Israel Graduates to MSCI Developed Market Index, Glenn Yago on the issues

    Glenn Yago, Jennifer Manfre

    On May 26, Israel will officially transition from the MSCI Emerging Market Index to the Developed Market Index, a shift projected to reduce its index weighting from over 3% to roughly 0.3% and trigger potential capital outflows of $1.7 billion to $2.5 billion. To secure future investment, the Milken Institute report urges diversification beyond the Information Communication Technology sector and addresses structural hurdles such as the Tel Aviv Stock Exchange's low free float and excessive concentration of foreign capital. Although market liquidity remains skewed toward top corporations, Israel's resilient macroeconomic fundamentals, including unemployment rates significantly below crisis-hit peers, continue to position the nation as a relative safe harbor amidst global volatility.

  10. Milken Institute8 min

    European Debt Crisis with Komal Sri-Kumar, Senior Fellow at Milken Institute

    Komal Sri-Kumar, Jennifer Manfre, Kamal Shree Kumar

    Kamal Shree Kumar, a chief global strategist and Milken Institute fellow, critiques the European Union's flawed €750 billion response to the sovereign debt crisis by identifying solvency issues in nations like Greece and questioning the feasibility of the IMF's funding conditions. With the Euro depreciating and multiple member states violating fiscal discipline caps, the analysis predicts that either forced debt restructuring or the expulsion of marginal countries will likely occur within weeks. These escalating Eurozone instabilities pose direct transmission risks to the United States through reduced export demand, heightened banking exposure, and a potential credit crunch driven by surging US dollar LIBOR rates.