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  1. Milken Institute1h 29m

    The Indentured Class: The Social Costs of Student Debt (KPCC Forum Series)

    Debbie Cochrane, Maureen McRae Goldberg, Devon Graves, Perry Wong, Melanie Sill, Matt Horton, Adolfo Guzman-Lopez, Shane Bush, Inez Bush, Dustin Davis, Michael Hopper, Rabbi Jason Rosner, Caroline, Jennifer Childress, Bob Deutsch, Amber Carter, Ramon

    Co-presented by KPCC and the Milken Institute, the "Rescuing the California Dream" series convenes experts including Melanie Sill, Debbie Cochran, and Perry Wong to examine the economic impact of soaring student debt on Southern California's workforce and social stability. Panelists detailed alarming statistics, such as the 99% of borrowers owing under $100,000 and the severe default rates at for-profit institutions, while discussing structural barriers like the lack of bankruptcy protections and the "brain drain" of educated workers fleeing high-cost living areas. The dialogue concluded with policy recommendations ranging from expanded income-driven repayment plans and institutional risk-sharing models to mandatory financial literacy education, aiming to shift the focus from merely reporting problems to enacting concrete solutions for an affordable future.

  2. Milken Institute1h 2m

    2015 CA Summit - Rescuing the California Dream: Policies for an Affordable Future

    Evelyn Larrubia, Sean Burton, Scott Laurie, Manuel Pastor, Van Ton-Quinlivan

    Speakers Scott Laurie, Manuel Pastor, and Sean Burton characterize Los Angeles as the nation's least affordable rental market, where severe supply constraints and regulatory hurdles have severed the link between housing production and growing household demand. Panelists identify critical bottlenecks including a collapse in construction activity, the wealth-exclusionary impacts of Proposition 13, and a shifting labor market that leaves high school graduates without viable employment pathways. To address these crises, the experts advocate for a coordinated cross-sector strategy integrating community college workforce training, streamlined entitlement processes for density, and proactive business leadership to stabilize wages and housing access.

  3. Milken Institute1h 12m

    2015 CA Summit - Perception vs. Reality: Is California Business Friendly?

    Eric Garcetti, Michael Milken, John Chiang, Donna Davis, Steven Mnuchin

    Los Angeles Mayor Eric Garcetti and panelists highlighted the city's transformation into a global model for economic growth, driven by streamlined permitting processes, a $25 million Bolloré Group investment, and record job creation in sectors ranging from aerospace to digital media. While the event celebrated LA's surge to the second-largest U.S. financial hub and its status as the world's top green technology incubator, speakers also confronted critical challenges including high real estate costs, housing unaffordability, and a regressive tax structure that threatens to drive out talent. Forward-looking recommendations centered on creating a digital one-stop shop for business compliance and leveraging the city's diverse demographics to capture international markets.

  4. Milken Institute1h 18m

    2015 CA Summit - Water: Protecting California’s Lifeline

    Kevin Klowden, Martin Adams, Paula Landis, Carlos Riva, Kelly Sanders, Lester Snow

    Facing its driest five-year period in five centuries, California is mobilizing $7.4 billion from Proposition 1 to modernize aging infrastructure and reduce reliance on collapsing snowpack while addressing seismic risks to its water conveyance systems. State agencies and private entities are implementing diverse strategies ranging from the Carlsbad desalination plant to direct potable reuse, though these investments must navigate complex energy dependencies and insufficient groundwater metering. Ultimately, the state is transitioning from a 100-year-old management philosophy to a sustainable model that integrates local self-reliance, market mechanisms, and aggressive conservation to ensure water security for its 300,000 residents currently lacking safe drinking water.

  5. Milken Institute1h 2m

    2015 CA Summit - Building Better People Movers: The Future of Transportation in California

    Laura Nelson, Tony Canova, Brian Kelly, Rob Lloyd, Tara Roth, Julie Schoenfeld

    California is implementing a comprehensive transportation transformation that shifts from highway expansion to corridor-focused strategies integrating dynamic pricing, cap-and-trade revenue, and massive investments in high-speed rail and electric vehicle infrastructure. State officials and industry leaders, including Governor Jerry Brown and representatives from Hyperloop Technologies, are advancing aggressive targets for 1.5 million EVs and new transit projects while navigating regulatory frameworks for autonomous vehicles and public-private partnerships. Despite challenges such as funding timelines for the Purple Line extension and the competitive race between high-speed rail and Hyperloop for the Los Angeles-San Francisco corridor, the state continues to prioritize multimodal connectivity to reduce emissions and accommodate over 80% of transit riders who lack personal vehicles.

  6. Milken Institute44 min

    2015 CA Summit - Powering California’s Economy: A Conversation with John S. Watson

    John S. Watson, Brian Sullivan

    John Watson outlines a severe global energy downturn driven by oversupply and resilient U.S. shale production, projecting hydrocarbons will still satisfy 75% of energy demand two decades from now. He critically contrasts this reality with California's restrictive regulatory environment, arguing that high costs, environmental mandates, and inefficient policies are driving corporate out-migration and stifling economic growth despite the state's status as a major energy and agricultural hub. While detailing Chevron's strategic focus on cost discipline and specific international LNG projects, Watson advocates for nuclear and natural gas expansion over current subsidy structures to achieve effective carbon abatement without undermining economic stability.

  7. Milken Institute1h 0m

    2015 CA Summit - Honing California’s Edge in Technology and Entertainment

    Jane Wells, Beatriz Acevedo, John Bolton, Jason Kirk, Chris Williams

    This discussion analyzes the Los Angeles digital media ecosystem, highlighting its unique blend of entertainment infrastructure and emerging technology sectors where companies like Maker Studios, Flippagram, and MeToo operate alongside traditional aerospace giants. Key outcomes include the strategic acquisition of Maker Studios by Disney to capture millennial audiences, the pivot of Zephyr toward B2B rights management, and the significant challenge of recruiting engineering talent in a region historically dominated by creative figures. Furthermore, the event outlines future growth vectors in virtual reality and mobile video monetization while addressing critical hurdles such as H-1B visa restrictions and the need for culturally diverse content strategies.

  8. Milken Institute1h 0m

    2015 CA Summit - Opening the Golden Gate: Strategies to Attract Foreign Direct Investment

    Curtis S. Chin, Caroline Beteta, Juan Carlos Briseño, Sonnet Hui, Brian Peck, John Scull

    Leading experts and officials convened to address California's status as the top U.S. recipient of foreign direct investment while confronting rising competition and regulatory hurdles such as CEQA and restrictive visa policies. Panelists from government, venture capital, and real estate sectors, including Hazen's Group and Visit California, emphasized the critical need for infrastructure upgrades, federal immigration reform, and unified regional branding to sustain economic growth. The dialogue highlighted specific opportunities to deepen ties with Mexico and China through enhanced student exchanges and strategic public-private partnerships, aiming to translate tourism demand into tangible manufacturing and technology investments.

  9. Milken Institute1h 5m

    2015 CA Summit - Notice to Proceed: Clearing a Path for Infrastructure Financing

    Dale Bonner, Samara Barend, Teveia Barnes, Marc Levine, Dean Palumbo

    A panel of California Assemblymember Mark Levine, I-Bank official Tavia Barnes, and industry leaders from AECOM and Plenary addressed the state's $64 billion infrastructure maintenance gap and the political hurdles hindering effective public-private partnerships. The discussion highlighted the need for legislative reforms to accelerate project timelines, the adoption of innovative financing tools like third-party verification and tax-exempt bonds, and the potential of technology to reduce costs and increase operational efficiency. Speakers emphasized that while local agencies are successfully leveraging private capital for delivery, the state must overcome risk aversion and bureaucratic delays to meet the 2.5% GDP investment benchmark required for adequate infrastructure growth.

  10. Milken Institute1h 2m

    2015 CA Summit - Fostering Innovation to Improve Health Care

    Ross DeVol, Donald Crane, Ed Hernandez, Richard Merkin, Kristen Miranda, Art Torres

    Leading health stakeholders convened to address California's critical healthcare challenges, including a bifurcated payment system introduced by the 2015 MACRA law and the accelerating market consolidation among insurers like Blue Shield and Anthem. Panelists highlighted that while innovations such as the Heritage Health Prize and joint data exchanges offer promise, systemic barriers like low Medi-Cal reimbursement rates and a 300% pay disparity between specialists and primary care providers continue to drive costs and exacerbate workforce shortages. The discussion concluded that without shifting from volume-based to value-based models and addressing demographic disparities in Covered California enrollment, unchecked consolidation may force government rate regulation to protect consumers.

  11. Goldman Sachs14 min

    John Kufuor, Former President of the Republic of Ghana: Talks at GS Session Highlights

    John Kufuor, David Freeman

    This address examines Ghana's pivotal role as the first independent sub-Saharan nation while detailing the economic transformation achieved between 2001 and 2009 through market-oriented reforms that stabilized currency, doubled cocoa output, and eliminated extreme poverty. The narrative highlights the establishment of a Truth and Reconciliation Commission to heal decades of military instability, successfully restoring confiscated assets and ensuring political accountability. By contextualizing these domestic successes within the broader evolution of the African Union toward democratic governance, the speaker presents Ghana as a benchmark for continental progress toward transparency and sustainable development.

  12. Milken Institute1h 18m

    The Conservative Heart: How to Build a Fairer, Happier and More Prosperous America

    Arthur C. Brooks, George F. Will, Mike Clouden

    Arthur Brooks delivers a comprehensive argument that free enterprise, driven by aspiration and moral sentiment rather than greed, is the most effective mechanism for lifting billions out of poverty while warning against the spiritual emptiness of material attachment. He critiques current cultural and educational stigmas against skilled trades and calls for "breakout leadership" to foster bipartisan cooperation centered on opportunity for the poor. The session concludes with a Q&A and book signing for Brooks' work, *The Conservative Heart*, exploring strategies to balance economic success with endogenous life goals.

  13. Goldman Sachs16 min

    John Amaechi, Former NBA Player, Author and Executive Coach: Talks at GS Session Highlights

    John Amaechi

    After a stranger's unexpected encouragement led John to basketball despite zero prior experience, he overcame a catastrophic hand injury by retraining as an ambidextrous player. His career strategy evolved from a naive focus on athletic height to a disciplined approach designed to counteract his own laziness and align with a broader goal of becoming a psychologist. John now leverages his unique background to advocate for workplace inclusion, arguing that teams only achieve greatness when members feel safe revealing their full identities beyond their professional roles.

  14. Goldman Sachs22 min

    National Geographic Society - Storytelling as an Agent of Change: Talks at GS Session Highlights

    Marcus Bleasdale, Susan Goldberg, Dr. Enric Sala, Claudia Malley

    At a decade-long anniversary event with National Geographic, Goldman Sachs hosted Susan Goldberg, Dr. Enric Sala, and Marcus Bleasdale to discuss the intersection of storytelling and conservation policy. Goldberg outlined a five-principle framework prioritizing urgent global issues, while Sala detailed how the Pristine Seas Project leveraged scientific data to secure a record 300,000-square-kilometer marine reserve in Chile. Bleasdale further illustrated the power of imagery by exposing the link between conflict minerals in the Democratic Republic of Congo and electronics supply chains, concluding with panelist pledges to unify global leadership on climate and sustainability.

  15. The Economist13 min

    Solar technology that will shape the future

    Elon Musk, Alison Archambault, Chuck Boggs

    Earthspark International and Tesla are deploying off-grid solar microgrids and battery storage to address the global energy crisis, as demonstrated by Les Anglais' 100% renewable transition and Appel Steel's industrial independence. Innovations in perovskite cells promise to drastically increase efficiency and enable building-integrated power, while Richard Branson's Carbon War Room advocates for this decentralized shift to bypass fossil fuel dependence. Although currently representing only 1% of global supply, these scalable solutions aim to meet an 80% projected demand surge and eventually achieve financial viability without subsidies.