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  1. Milken Institute23 min

    Lunch Program | Part 1: A Conversation with Alex Azar, Secretary, US Department HHS

    Alex Azar, Michael Milken

    The HHS, led by Secretary Alex Azar, outlined a 2017 healthcare strategy prioritizing affordability, patient choice, and quality through three pillars: financing reform, value-based payments, and targeted interventions. Key initiatives include a 5% decline in opioid overdose deaths driven by the $400 million Healing Communities Initiative, a shift from center-based to home dialysis via the KidneyX program, and a Medicare risk-sharing pilot affecting one-quarter of beneficiaries. Despite noting progress in reducing ACA premiums and expanding plan availability, the administration maintains that systemic flaws persist, aiming to replace fee-for-service models with incentives focused on prevention and long-term outcomes for the entire US population.

  2. Milken Institute33 min

    The New Age of Consumerism

    Dan Murphy, Mohammed Alshaya, Mike Novogratz, Mohamed Alshayer

    Mohamed Alshayer outlines Alshaya Group's $5 billion investment strategy in Saudi Arabia, emphasizing a pivot toward experiential retail and health sectors to capitalize on Vision 2030's rapid liberalization and shifting consumer behaviors. Concurrently, Mike Novogratz argues that Bitcoin's value rests on its narrative as a digital store of value, predicting institutional adoption will drive its valuation toward $10 trillion. The dialogue highlights how both legacy retail giants and emerging digital assets must reinvent their trust-based social constructs to survive in a market prioritizing speed, ethics, and immediate gratification.

  3. Milken Institute39 min

    A Conversation with Rajeev Misra

    Rajeev Misra, Michael Milken

    SoftBank's Vision Fund and Vision Fund 2 manage a diversified global portfolio of 88 investments, with recent strategic pivots toward Life Sciences and Financial Services utilizing AI to reduce healthcare costs and disrupt regulated lending. The firm distinguishes its value proposition through mid-stage capital, extensive ecosystem synergies like cross-selling between Grab and Ping, and operational support derived from SoftBank Mobile, which drove a portfolio valuation surge from $240 billion to approximately $300 billion. As the funds mature, the team has shifted focus to 75% portfolio management, celebrating eight IPOs and major exits including Uber and Flipkart while preparing for the economic impact of 5G adoption via the Sprint-Deutsche Telekom merger.

  4. Milken Institute34 min

    A Conversation with Strive Masiyiwa and Michael Milken

    Strive Masiyiwa, Michael Milken

    With Africa's population projected to reach 4 billion by 2100 and 12 million young entrants joining the workforce annually, the continent faces a critical imperative to modernize its fragmented economy and address high unemployment rates like the 29% in South Africa. Global tech giants and investors are capitalizing on unique innovations such as mobile money and blockchain to unify 54 currencies, while infrastructure projects connect the continent from Cape Town to Cairo alongside rapid 5G deployment. Strategic partnerships led by figures like Strive Maseiwa aim to train government leaders and expand private enterprise networks, positioning Africa as a primary future market despite capital shortages and the need to replace nearly 500 million traditional jobs.

  5. Milken Institute25 min

    Mic'd Up - Part 1: Public Health Response to Coronavirus

    Christopher Mores, Rick Berke

    This expert panel discusses the emerging COVID-19 outbreak, noting its official WHO naming to prevent stigmatization, approximately 45,000 confirmed cases primarily in China, and the critical lack of international access due to data transparency concerns. Speakers analyze divergent future scenarios ranging from endemic circulation to a global pandemic with a 2% fatality rate, while critiquing delayed WHO leadership and insufficient vaccine development timelines that may exceed a year. The discussion further addresses necessary public health strategies, including social distancing over universal masking, the economic risks of draconian travel restrictions, and the urgent need for rapid diagnostic deployment amid funding cycles that previously hampered preparedness.

  6. Milken Institute23 min

    A Conversation with Paul Ryan

    Paul Ryan, David McCormick

    Former House Speaker Paul Ryan outlines a legislative agenda for a potential second Trump term focused on extending tax cuts, reforming healthcare, and modernizing infrastructure while navigating a consensus on technological decoupling with China. He attributes the 2017–2018 surge in bipartisan output to the administration's deregulatory approach and projects continued economic growth despite ongoing trade uncertainties. Ryan, now a university professor and policy founder, argues that economic stagnation drives current political polarization and warns against the erosion of meritocracy in favor of identity-based politics.

  7. Milken Institute16 min

    A Conversation with Maxine Waters, US Representative, California

    Maxine Waters, Meg Tirrell

    The Congressional Task Force on Alzheimer's Disease, led by a Congresswoman whose advocacy is driven by personal family tragedy, has secured bipartisan funding that raised research allocations from $586 million in 2015 to a $2.65 billion request for 2020. This legislative push aims to achieve a cure or effective treatment by 2025 while addressing critical caregiver burdens and correcting public misconceptions about memory loss through expanded testing and outreach to underrepresented populations. With significant support from 130 lawmakers and the private sector, the initiative focuses on drug pricing reforms and integrated medical strategies to prevent the disease from bankrupting the national healthcare system.

  8. Milken Institute35 min

    A Conversation with Chef José Andrés, Founder, World Central Kitchen

    José Andrés, Frank Sesno

    Founder Jose Andres leads World Central Kitchen in delivering over 10 million meals across multiple continents through an agile, volunteer-driven model that rejects rigid planning in favor of on-the-ground adaptability. The organization addresses critical needs in disaster zones like the Bahamas and Haiti by deploying innovative logistics such as helicopter fleets and clean cooking stoves, while simultaneously supporting economic recovery through local restaurant support and vocational training. Relying almost exclusively on small-dollar donations to maintain operational speed, WCK challenges traditional relief frameworks by prioritizing fresh food, dietary customization, and long-term solutions to global malnutrition and poverty.

  9. Milken Institute26 min

    A Conversation with Robert Wilkie, Secretary, US Department of Veterans Affairs

    Robert Wilkie, Michael Milken

    The U.S. Department of Veterans Affairs leverages a legacy of six major medical breakthroughs and a 1.2 million patient network to transform veteran care through the transformative Mission Act and integrated digital health systems. By pioneering genomic research, artificial intelligence partnerships with institutions like Stanford, and a military-integrated nursing model, the agency addresses critical challenges such as prostate cancer and a daily suicide toll of 20 veterans. These efforts have elevated the VA's workforce ranking to sixth among federal departments while fostering broad public-private collaborations to expand access and improve long-term outcomes for the 10 million veterans receiving services.

  10. Milken Institute25 min

    Wednesday Lunch feat. Bill Cassidy

    Bill Cassidy, Esther Krofa, Dan Diamond

    At the Milken Institute's Future of Health Summit, Senator Bill Cassidy and Faster Cures' Esther Krofa discussed strategies to balance drug affordability with the financial incentives required for medical innovation. Cassidy defended the pharmaceutical industry against claims of excessive profitability while advocating for subscription-based pricing models and rejecting direct government negotiation as a threat to high-risk research. The dialogue highlighted specific legislative successes in closing rebate loopholes and ending gag clauses, concluding with a realistic assessment that a comprehensive drug pricing bill has a 60% probability of enactment by year-end.

  11. Milken Institute57 min

    Young Leaders Circle: A Conversation with Weijian Shan

    Weijian Shan, Petra Freddi, Catherine, Doga, HONG LIU, Mu Chen, Shaokai Fan

    PAG Chairman Sean Weijen discusses the firm's $32 billion private equity strategy in China, which targets domestic consumption sectors while leveraging historical lessons from his own survival through the Cultural Revolution's forced labor camps. He argues that despite US-China trade friction and projected GDP growth slowing to 6%, economic imperatives and China's vast market will sustain superior investment returns driven by a shift from investment-led to consumption-led growth. Weijen further contends that macro risks are best mitigated through strategic currency hedging and sector selection rather than political idealism, citing the Tencent Music investment as a prime example of the firm's focus on scalable consumer opportunities.

  12. Milken Institute49 min

    Dialogue with Dato' Seri Anwar Ibrahim

    Dato' Seri Anwar Ibrahim, Dato' Seri Anwar bin Ibrahim, Haslinda Amin, Michael Milken, Curtis Chin, Anwar Ibrahim, Michael Swaito, Joe Brock

    Anwar Ibrahim and Mahathir Mohamad lead a transition government in Malaysia that prioritizes dismantling race-based economic policies, combating systemic corruption, and replacing the New Economic Policy with a need-based framework. The administration plans to recover billions from the 1MDB scandal to fund education and social services while managing a predetermined handover of the premiership from Mohamad to Ibrahim in May 2020. This strategic governance aims to redefine the nation's "Asian Dream" by fostering multiracial democracy, addressing severe poverty statistics, and positioning Malaysia as a stable economic force amid regional geopolitical tensions.

  13. Milken Institute56 min

    A Conversation with Wilbur L. Ross, Jr., Secretary, U.S. Dept. of Commerce | The American Workforce

    Wilbur L. Ross, Jr., Gerard Baker, Bernard Harris, Jr., Barbara Humpton, Jonathan Sokoloff, John, Wilbur Ross

    The American Workforce Advisory Board, led by Secretary Ross, has secured commitments for 7.5 million apprenticeships to address critical labor gaps caused by a "barbell" demographic and a vocational training deficit. Industry leaders and policymakers are collaborating to shift from a traditional degree-centric model toward merit-based hiring, lifelong retraining, and expanded STEM education to prepare for technological displacement and emerging sectors like space travel. This strategic pivot aims to align the workforce with evolving economic realities by prioritizing digital readiness, soft skills, and streamlined credentialing over obsolete vocational labels.

  14. Milken Institute31 min

    A Conversation with Mark Bradford and Michael Govan

    Mark Bradford, Michael Govan

    Art critic and curator Bradford discusses his evolution from abstract expressionism to politically charged installations that challenge institutional norms and address social inequities. The conversation highlights his co-founding of Art + Practice, a non-profit transforming a former beauty parlor into a hybrid gallery and foster youth center in Leimert Park to serve marginalized communities. Through strategic partnerships with LACMA and a rejection of the "colonizing model," Bradford advocates for an integrated approach where artistic practice drives systemic change and resource redistribution.

  15. Milken Institute57 min

    Right or Left: Who's Best for Freedom?

    Josh Barro, Kenneth Hersh, Rich Lowry, Gene Sperling, Felicia Wong

    In a debate contrasting FDR's positive liberties with classical negative freedoms, Felicia Wong and Gene Sperling argue that true liberty requires protection from want and fear, while Rich Lowry and Kenneth Hirsch contend that freedom is strictly defined by the absence of government coercion. The panel further explores how economic policies like the Affordable Care Act and anti-discrimination laws either expand individual agency or threaten consumer choice, while noting that shifting political narratives now force conservatives to defend liberty against a backdrop of authoritarianism and rising public demand for government intervention. Ultimately, the discussion highlights a deep ideological divide over whether freedom entails securing material security and dignity through state action or preserving it through limited government and market competition.