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  1. Milken Institute56 min

    A Conversation with Edmund Phelps, Moderated by Peter Passell

    Edmund Phelps, Peter Passell, Krishna Kumar

    Co-hosted by RAND and the Milken Institute, this event featured Nobel Laureate Edmund Phelps arguing that a shift from individualism to corporatism since the 1930s has stifled indigenous innovation and halved US productivity growth rates. Phelps highlighted that while established corporations currently leverage regulatory protections to block startups, China is matching historical US innovation rates through technological diffusion and grassroots experimentation. He concluded that reversing the stagnation requires a fundamental cultural shift that prioritizes individual creativity and risk-taking over traditional conformism, as standard economic policies alone cannot restore economic dynamism.

  2. Milken Institute1h 21m

    The Mideast's New Resource: Entrepreneurs

    Christopher Schroeder, Jonathan Spalter, Skip Reimer

    Christopher Schroeder, author of *Startup Rising*, presented a transformative narrative to the Milken Institute challenging Western perceptions of the Middle East by highlighting a youth-driven entrepreneurial revolution fueled by mobile technology. The discussion detailed how regional innovators are overcoming systemic barriers such as "Wasta" nepotism and educational deficits to build a mobile-first economy where women comprise nearly one-third of tech startups. Schroeder concluded by urging global investors and policymakers to adopt a forward-looking strategy that leverages this demographic dividend for economic integration rather than relying on outdated geopolitical frameworks.

  3. Milken Institute1h 9m

    MI Breakfast With Bill Richardson, Moderated by Ambassador Charles Ries

    Bill Richardson, Charles Ries, Mike Clowden, Kevin Blyer

    Governor Bill Richardson and Ambassador Charles Reese joined Milken Institute and RAND for a joint breakfast in Santa Monica to launch Richardson's book, *How to Sweet Talk a Shark*, and outline future innovation summits. The discussion featured Richardson's firsthand accounts of negotiating hostage releases with dictators in North Korea, Sudan, and Cuba, while also detailing strategic lessons on ethics, translator reliability, and the necessity of personal rapport. The event further highlighted three upcoming initiatives: a Nobel Laureate conversation with Edmund Phelps, a biotech investor conference in New York, and a private California Summit for state-level policy reform.

  4. Milken Institute1h 14m

    Innovate Like IDEO: Meet the Dynasts of Design

    David Kelley, Tom Kelley, Patrick Adams, Mike Clouton

    IDEO co-founders David and Tom Kelly argue that creative confidence, a universal trait combining ideation with the courage to act, can be rebuilt through guided mastery to overcome societal fear of failure. Their framework emphasizes radical collaboration, empathy-driven problem reframing, and strategic prototyping, exemplified by innovations like the low-cost Embrace incubator and the redesign of the computer mouse. By shifting focus from innate talent to disciplined practice and rapid iteration, the authors demonstrate how individuals and organizations can systematically unlock breakthrough solutions across diverse fields.

  5. Milken Institute1h 17m

    Finerman's Rules: Secrets I'd Only Tell My Daughters About Business and Life (updated)

    Finerman, Jody Miller, Mike Clowden

    Karen Feinerman, CEO of Metropolitan Capital and author of *Feynman's Rules*, discussed her trajectory from Wall Street to CNBC while analyzing gender dynamics in finance and the impact of bias on career advancement. She outlined strategies for women to overcome systemic obstacles, including managing maternal leave perception, adopting confident leadership styles, and prioritizing workplace presence over remote work to foster mentorship. The discussion concluded with insights on financial literacy, the limitations of multitasking, and a prediction that the retiring baby boomer generation will necessitate the hiring of more qualified women into senior roles.

  6. Milken Institute1h 13m

    Access to Global Capital Initiative: Corporate and Investor Roundtable

    Tony Blair, Paul Kagame, Strive Masiyiwa, Seth Merrin, Mike Milken, Mindy Silverstein

    At the Milken Institute's "Investing in Africa" working group, President Paul Kagame of Rwanda and Tony Blair outlined strategic partnerships with the Institute to accelerate capital flow into emerging markets through the new Access to Global Capital Initiative. The session highlighted Rwanda's 8% annual economic growth and regional integration efforts while presenting data indicating that emerging markets now hold a larger share of the global economy than the US, Europe, and Japan combined. With future plans to expand operations in Indonesia and convene international investors in East Africa, the group aims to leverage governance reforms and renewable energy projects to drive sustainable wealth creation across the continent.

  7. Milken Institute7 min

    Is the US Gathering Steam: Remarks on the Government Shutdown

    Harold, Todd Morley, Eric

    Driven by a fractured political deadlock between House Speaker Paul Ryan and Tea Party factions, the U.S. faces a projected two-week government shutdown and a looming October debt ceiling crisis that threatens to compromise the nation's credit rating. While these domestic governance failures stem from record-low official approval ratings and unsustainable monetary policies, the economic fallout manifests as frozen corporate capital spending and delayed major infrastructure projects. Concurrently, the economic outlook is further strained by a slowdown in Chinese and European markets that is causing U.S. exports to plummet, leaving the domestic economy vulnerable despite significant historical fiscal interventions.

  8. Milken Institute56 min

    MI Summit 2013 - London: Access to Global Capital: Investing in Growth

    Mindy Silverstein, Tony Blair, Strive Masiyiwa, Seth Merrin, Jane Rowe, Michael Milken

    In partnership with LiquidNet and Tony Blair's Africa Governance Initiative, the Milken Institute launched the Access to Global Capital Initiative to direct foreign investment into emerging markets like Indonesia, Colombia, and Rwanda through improved governance frameworks. Major institutional investors, including Ontario Teachers' Pension Plan, are increasing their emerging market exposure by leveraging rigorous risk management and specific country classifications to align fiduciary interests with stable regulatory environments. This collaborative effort aims to catalyze economic transformation by proving that human capital and predictable rules drive growth more effectively than natural resources, thereby incentivizing broader global adoption of these development strategies.

  9. Milken Institute7 min

    MI Summit 2013 -London: Welcoming Remarks

    Gerald Ronson, Michael Klowden, Mike Nolan

    Hosted by Gerald Ronson at London's Heron Tower, the 2013 Milken Institute Summit assembled approximately 1,000 global leaders to address faltering economic recovery through the lens of finance, business, and philanthropy. Under the strategic guidance of CEO Mike Clowden and President Paul Irving, the non-partisan think tank focused on generating concrete policy solutions to tackle employment, environmental sustainability, and medical research. The event emphasized moving beyond theoretical debate to leverage capital markets as a catalyst for solving urgent social challenges while securing strategic partnerships for ongoing institutional operations.

  10. Milken Institute6 min

    Najib Ghadbian on Syria

    Najib Ghadbian

    Following years of localized repression against the Damascus Spring and Damasco Declaration movements, the 2011 uprising in Daraa ignited a conflict that ultimately killed over 70,000 people and displaced nearly 4 million Syrians. To address this crisis, a 70-member opposition coalition recognized by 114 nations formed a mini-parliament to plan a transition government while General Salim Idris unified 80% of Free Syrian Army factions under the Supreme Military Council. These coordinated political and military structures now face the challenge of leading a nation where over one million citizens have fled abroad and the humanitarian toll continues to escalate.

  11. Milken Institute1h 0m

    How Improved Health and Longer Lives Drive Global Prosperity (updated)

    Thomas Frieden, Jonathan Gluck, Carole Roan Gresenz, Michael Harsh, Peter Margolis, Ceci Connolly, Mike Harsh

    Six healthcare experts from institutions including the CDC, PwC, and Heritage Provider Network convened at Milk and Palooza to analyze how innovation drives economic growth while challenging myths about cost containment. The panel highlighted that targeted interventions like immunizations and telehealth generate substantial societal returns, contrasting these successes against a system where $2.8 trillion in annual spending is hindered by fee-for-service models that prioritize volume over outcomes. By advocating for data-driven "healthy defaults" and the industrialization of care, the discussion emphasized that political shifts toward value-based payment and preventive measures are essential to improving productivity and reducing unnecessary expenditures.

  12. Milken Institute7 min

    Carlos Slim's Economic Advice

    Carlos Slim, Larry King

    The speaker argues that Western economies face a structural crisis driven by demographic shifts and obsolete fiscal policies, necessitating a transition to a "new civilization" model. To address actuarially bankrupt pension systems and chronic deficits, the proposal advocates for privatizing state infrastructure through public-private partnerships and implementing a radical three-day, 11-hour workweek. This reform aims to expand labor participation, stimulate growth in service sectors, and ensure a sustainable transition where assets eventually revert to public ownership.

  13. Milken Institute51 min

    Dinner Program - To Infinity and Beyond: Jeff Skoll Talks with Elon and Kimbal Musk (updated)

    Jeff Skoll, Kimbal Musk, Elon Musk, Paul

    At a panel introduced by Jeff Skoll, brothers Elon and Kimbal Musk detailed their divergent yet complementary ventures, ranging from early startups like Zip2 and PayPal to Elon's engineering firms SpaceX and Tesla and Kimbal's culinary and nonprofit initiatives. The discussion highlighted specific milestones such as the sale of PayPal to eBay for $1.5 billion, Tesla's launch of the award-winning Model S, and The Kitchen Community's measurable impact on childhood nutrition and school test scores. Both founders reflected on their formative years in South Africa and Silicon Valley, emphasizing a shared philosophy that combines technological innovation with social responsibility through scalable, market-based solutions.

  14. Milken Institute57 min

    In Tech We Trust? A Debate with Peter Thiel and Marc Andreessen (updated)

    Peter Thiel, Marc Andreessen, Martin Giles

    Peter Thiel and Marc Andreessen debate whether the U.S. economy suffers from a post-1970 technological stagnation that has stunted wage growth or is actually experiencing an acceleration masked by unmet sci-fi expectations and political interference in physical sectors. While Thiel attributes rising inequality and declining living standards to risk aversion, excessive regulation, and a cultural loss of imagination, Andreessen counters that communication breakthroughs are driving efficiency and that physical sector stalls result from massive oil subsidies and restrictive liability frameworks. Both speakers agree that government monopolies and regulations inhibit innovation in energy and transportation, though they differ on the sufficiency of the digital revolution to solve broader economic challenges.

  15. Milken Institute1h 2m

    The Business of Sports (updated)

    Todd Boehly, Jimmy Connors, Wayne Gretzky, Joseph Ravitch, Melinda Witmer, Jim Gray, Joe Ravitch

    Guggenheim Partners acquired the Los Angeles Dodgers for $2.1 billion to operate as a global entertainment brand, while Time Warner Cable secured exclusive local media rights through a direct $10 billion agreement that bypasses traditional regional sports networks. Panelists including Todd Boley, Melinda Whitmer, Wayne Gretzky, and Jimmy Connors affirmed that live in-stadium events remain the premium product despite technological advancements in broadcast, citing superior fan engagement and physicality that home viewing cannot replicate. The discussion further highlighted that franchise valuations are driven by real estate potential and media scarcity rather than emotion, with experts predicting the inevitable return of an NFL team to Los Angeles and continued appreciation in major league sports assets.