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  1. Milken Institute33 min

    A Conversation with Federal Reserve Bank of St. Louis President and CEO James Bullard

    James Bullard, Josh Barro

    St. Louis Fed President James Bullard explains that the U.S. economy is adapting to pandemic risks through endogenous behavioral changes rather than broad lockdowns, projecting output recovery to 90% of normal levels despite historical quarterly declines. Bullard contrasts his view of a new steady state with host Josh Barrow's concern over permanently lower living standards, while addressing the dual policy challenge of balancing business preservation with market dynamism. Furthermore, Bullard highlights the strategic necessity of preventing a secondary financial crisis and identifies eliminating racial unemployment gaps as a critical metric for ideal monetary policy outcomes.

  2. Milken Institute30 min

    HealthTech Innovations: Building Tech-Infused Healthcare Systems for a Post COVID-19 World

    Jeremy Lim, Jeff Chen, Jonathan Larsen, Yingrui Li, Laura D'Olesi

    At the Milken Institute's 11th "The World Post-COVID-19" webinar, experts including representatives from Fullerton Health, Ping'an/Good Doctor, and iCarbonX discussed how the pandemic accelerated the integration of digital health technologies into global healthcare systems. The panel highlighted significant market shifts, such as the reimbursement of telemedicine by Chinese authorities and a permanent behavioral change in patient adoption driven by reduced wait times and advanced AI diagnostics. Ultimately, the discussion underscored the necessity for long-term, collaborative infrastructure strategies to transition from reactive treatment to proactive, technology-enabled health management.

  3. Milken Institute31 min

    The Future of Currency and the Global Financial System - Conference Call Series

    John Lee, Dr. Jianguang Shen, Dr. Michael Hasenstab, Dr. William Lee, Laura DeLacy

    Milken Institute and global experts convened to analyze the pandemic's dual transformation of health innovation and macroeconomic policy, where central banks have shifted from resolving liquidity crises to addressing a solvency crisis driven by historic deficits and surging savings. The discussion highlighted divergent strategies in digital currency, with China mandating a state-controlled CBDC to dismantle private payment monopolies, while the United States and other nations grapple with private sector experiments like Libra against a backdrop of eroding central bank credibility. Ultimately, participants warned that the "double unknown" of implementing new monetary technologies during aggressive fiscal expansion poses significant leverage risks, particularly for emerging markets with fragile banking systems.

  4. Milken Institute57 min

    Addressing Mental Health Challenges and Access During COVID-19 - Conference Call Series

    Melissa Stevens, Jerome Bettis, Dr. Joshua Gordon, Nancy Lublin

    Amid a pandemic that has exacerbated pre-existing mental health crises and disproportionately affected women, people of color, and economically vulnerable populations, experts like Dr. Joshua Gordon and Nancy Lublin highlight the "three-headed monster" of virus, quarantine, and economic collapse driving rising anxiety, isolation, and domestic violence rates. To address these surging needs, digital platforms like Crisis Text Line are scaling remote support models while initiatives such as "Embrace Pittsburgh" attempt to bridge the technology gap for underserved students and families. The collective response emphasizes a shift toward accessible, data-driven interventions that combine community mobilization with systemic changes in healthcare delivery to prevent acute reactions from becoming chronic long-term conditions.

  5. Milken Institute43 min

    Philanthropic Responses to COVID-19 in Asia-Pacific - Conference Call Series

    Richard Ditizio, Laurence Lien, Binod Chaudhary, Andrew Forrest, Cherie Nursalim, Rich D'Attizio

    The Milken Institute convened a global panel of philanthropic leaders and experts to analyze the $8 billion surge in pandemic funding and the accelerating pace of medical research, which now includes 335 tracked treatments and vaccines. Participants examined divergent national strategies from the US to Asia, highlighting specific interventions such as Australia's massive infrastructure investment and Indonesia's triple-pillar approach to economic resilience. The discussion concluded with a unified call to transition from immediate relief to long-term institutional rebuilding through blended finance and collaborative dashboards designed to protect essential supply chains and prevent mass poverty.

  6. Milken Institute1h 6m

    Feeding the Nation During COVID 19: Food, Hope, and Recovery - Conference Call Series

    Ryan Shadrick Wilson, José Andrés, Claire Babineaux-Fontenot, Michael Milken

    Amid a projected surge in American food insecurity driven by the economic impacts of COVID-19, World Central Kitchen and industry leaders have mobilized a network of 500+ restaurants to distribute 250,000 daily meals while addressing the systemic waste of 72 billion pounds of edible food. Panelists including Jose Andrés and Claire advocate for a permanent "FEMA of Food" and immediate infrastructure investments to redirect fresh produce to vulnerable populations with pre-existing health conditions. The consensus among these stakeholders is that the crisis requires transitioning from short-term relief to structural reform that expands SNAP eligibility, utilizes technology for last-mile logistics, and treats food security as a critical national security issue.

  7. Milken Institute57 min

    Life in Isolation post COVID May 27 update

    Nora Super, Arianna Huffington, Scott Kaiser, Lisa Marsh Ryerson

    Moderated by Nora Super of the Milken Institute, a panel led by Arianna Huffington and Lisa Marsh-Ryerson outlines how social isolation drives chronic disease and mortality while proposing structural reforms to embed social connection into healthcare systems. The discussion highlights scalable interventions ranging from volunteer call networks and intergenerational programs to telehealth expansion, specifically targeting vulnerable demographics like low-income seniors and marginalized adults. Ultimately, the event advocates for a cultural shift that redefines aging as a source of wisdom and demands policy funding to close the gap between isolated individuals and essential community support.

  8. Milken Institute31 min

    North Korea: The Knowns and Unknowns Inside the Hermit Kingdom - Conference Call Series

    Laura Deal Lacey, James Crabtree, Anna Fifield, Prof. Robert Kelly, Yasuhide Nakayama, Dr. John Park, Bob Kelly

    A specialized panel assessed the fragility of North Korean stability following Kim Jong-un's unexplained absence, citing his deteriorating health and lack of an established successor as critical succession risks. Experts highlighted that while the regime has sealed its borders to prevent a catastrophic health crisis, its economy relies on eroding smuggling networks and a corrupt elite class that prioritizes Kim's survival amidst rising international sanctions. Geopolitically, the analysis suggests Kim is shifting toward unconventional behavior and developing new strategic weapons to maintain leverage, potentially positioning himself to capitalize on a favorable U.S. political environment while China seeks regional stability.

  9. Milken Institute59 min

    Retirement Security in the Wake of COVID-19 - Conference Call Series

    Paul Irving, Marcie Frost, Michael Milken, Penny Pennington, Michelle Seitz

    The Milken Institute convened financial leaders to analyze the dual threats of the pandemic and a projected $150 billion rise in the U.S. retirement savings deficit. Experts from Edward Jones, CalPERS, and Russell Investments highlighted the critical need to shift from generic index targets to personalized strategies that address longevity risk and the aging demographic's healthcare costs. Participants agreed that mitigating the crisis requires structural adjustments to retirement age, diversified Social Security portfolios, and the widespread adoption of automated savings mechanisms for gig workers.

  10. Milken Institute35 min

    How COVID-19 Tests Will Help Reopen America - Conference Call Series

    Esther Krofah, Gina Raimondo, Adam Schechter

    Rhode Island Governor Gina Raimondo outlined a strategic "SOS" testing framework and a phased economic reopening plan designed to expand daily testing capacity from 3,000 to 20,000 while prioritizing equity for vulnerable populations. LabCorp CEO Adam Schechter detailed the company's rapid scaling of PCR and antibody testing capabilities to 150,000 and 300,000 daily tests respectively, emphasizing high accuracy rates while noting that antibody presence does not yet guarantee immunity. Together, the state officials and industry leaders highlighted the critical role of contact tracing and continued safety protocols in preventing a combined flu and coronavirus surge in the fall.

  11. Milken Institute46 min

    China Opportunities: Insights from Business Leaders - Conference Call Series

    Petra Freddi, Donald Lacey, Kai-Fu Lee, Cindy Mi, Don Lacey

    The Milken Institute Asia Center hosted the seventh episode of "The World Post-COVID-19" series, moderated by Don Lacey and featuring Kai-Fu Lee and Cindy Mee to analyze the digital transformation in China's education and healthcare sectors. The discussion highlighted how pandemic-driven data surges have accelerated AI adoption, enabling rural learning via virtual tutors and healthcare leapfrogging through diagnostic tools, while noting a strategic investment shift from user-growth models to profitable AI integration in traditional industries. Furthermore, the panelists addressed geopolitical implications, observing that despite intensified US-China competition, China maintains AI self-sufficiency and is prioritizing global expansion in developing markets while advocating for technological over legislative solutions to digital risks.

  12. Milken Institute1h 5m

    How COVID-19 is Shaping the Future of Retail Banking - Conference Call Series

    Michael Piwowar, Mary Mack, Daniel Sheehan, Chris Zingo, Mike Pivovar

    Milken Institute experts and leaders from Wells Fargo, Professional Bank, and Finastra outlined a collaborative strategy to accelerate economic recovery through specific policy proposals and rapid operational pivots during the pandemic. These financial institutions successfully mobilized massive remote workforces, processed billions in Paycheck Protection Program loans, and deployed proprietary digital tools to sustain small business liquidity while ensuring cybersecurity. The panel concluded that the banking sector's future will rely on a hybrid model balancing digital efficiency with physical branch capabilities to maintain economic resilience.

  13. Milken Institute33 min

    The World Post COVID-19: Silver Linings for Business - Conference Call Series

    Laura Deal Lacey, Oriel Morrison, Raj Ganguly, Magnus Grimeland, Chatri Sityodtong, Laura DeLacy

    The Milken Institute convened a global webinar series featuring leaders from B Capital, Antler, and ONE Championship to analyze the unprecedented economic and societal shifts driven by the COVID-19 pandemic. These experts detailed how the crisis has halted traditional sectors while accelerating growth in digital health and education technology, prompting entrepreneurs to adopt a "warrior mentality" to secure supply chains and generate employment. The discussion further emphasized that while immediate survival strategies focus on short-term profitability, the long-term outlook predicts permanent structural changes in global governance and supply chain management.

  14. Milken Institute1h 5m

    Leadership in the New Normal: Business Leaders Respond to COVID-19 - Conference Call Series

    Kevin Klowden, Jane Fraser, Barbara Humpton, Michael Milken, Mike Milken

    At the Milken Institute session "Leadership in the New Normal," moderated by Kevin Clowden, panelists Jane Frazier of Citigroup, Barbara Humpton of Siemens USA, and Mike Milken analyzed the immediate business responses to the COVID-19 pandemic. Frazier detailed Citigroup's rapid shift to digital banking to support millions while maintaining access for vulnerable populations, whereas Humpton described Siemens' pivot to manufacturing critical medical supplies and establishing a "strategic digital twin reserve" for future crisis resilience. Milken provided a broader economic context, highlighting record-breaking vaccine development timelines and the necessity of public-private partnerships to address systemic inequalities and restore interdependent global supply chains.

  15. Milken Institute44 min

    The Impact of COVID-19 on Real Estate Investment - Conference Call Series

    Peggy Sito, Hugh Andrew, Stuart Crow, Kenneth Gaw, Abhinav Ram Reddy, Laura DeLacy, Kenny Goh, Abhinav Reddy

    This analysis details the severe contraction in Asia-Pacific real estate activity during early 2020, where transaction volumes fell 30% and specific sectors like hospitality and construction faced operational collapses due to pandemic restrictions. Despite current distress, investor sentiment remains cautiously optimistic with significant capital reserves poised to deploy once clarity emerges, while institutional players shift focus toward defensive assets like logistics, data centers, and medical facilities. Forecasts suggest a recovery timeline two to three times the duration of the lockdown, with markets possessing strong domestic fundamentals expected to rebound faster than those reliant on tourism and external trade.