On June 17, 2014, Sr. Fellow Lawrence McQuillan spoke at an event for supporters of the Independent Institute. Dr. McQuillan spoke about Californias state pension system, a topic he writes about frequently, including in his forthcoming book California Dreamin: Resolving the Public Pension Crisis.
First he defines the types of pension programs for state employees, he outlined how funding for the programs is not sustainable for the promises made to pension recipients. The state admits to an unfunded liability of $140 billion, but McQuillan says that is actually an underestimate. According to most economists, the true amount of the unfunded liability is $430 billion.
How did this happen? McQuillan explains and offers six solutions to keep the pension systems solvent.
How much Washingtons spending is costing YOU? Enter your age, income, and education level and the calculator shows exactly what youre paying for national defense, welfare, education, national debt, and more even federal programs, as well as the entire federal budget.
Along with the calculator, the free MyGovCost iPhone and iPad mobile application contains blogs, Op-Eds, videos, and news from The Independent Institute and MyGovCost.org.
"Crisis, Leviathan, and the National Security State" by Robert Higgs was a speech sponsored by The Future of Freedom Foundation February 15, 2014 at the 2014 International Students for Liberty Conference in Washington D.C.
On February 17, 2014 Robert Higgs presented this speech as part of the ongoing Economic Liberty Lecture Series, a joint project of The Future of Freedom Foundation and the George Mason University Economics Society.
Gilbert I. Collins Fellow Anthony Gregory, author of The Power of Habeas Corpus in America wants a new national dedication to the Fourth Amendment to the Constitution, protecting Americans rights against unreasonable searches and seizures. Gregory says we are on the cusp of having no privacy at all, living in a society even more intrusive than George Orwells 1984.
Civil Liberties in an Age of Terrorism: A special evening with our "Challenge of Liberty Summer Seminars" students and featured by C-SPAN's Book TV. Watch this eye-opening, timely discussion on the recent revelations of systematic government spyingincluding NSA accessing of phone records, USPS photocopying the exterior of all mail, and the dangers posed to liberty and security by these and other such unchecked and unconstitutional powers.