Independent Institute Senior Fellows John C. Goodman and Lawrence J. McQuillan speak on a panel with Heartland Institute Senior Fellow Peter Ferrara at the 2015 FreedomFest held in Las Vegas, NV. The program is moderated by Lewis Uhler, President of the National Tax Limitation Committee.
Thanks to FreedomFest, Inc. for the permission to post our fellows' presentation. For further information about FreedomFest, go to www.freedomfest.com
Lewis Uhler, President of the National Tax Limitation Committee, moderates a panel with Independent Institute Senior Fellows John Goodman and Lawrence McQuillan and Heartland Institute Senior Fellow Peter Ferrara at the 2015 FreedomFest held in Las Vegas, NV.
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.
Each year, the U.S. government spends over $30 billion on the drug war and arrests more than 1.5 million people on drug-related charges. Currently more than 318,000 people are behind bars in the U.S. for drug violationsmore than the number of people incarcer-ated for all crimes in the United Kingdom, France, Germany, Italy, and Spain combined. Have current drug laws deterred drug abuse and reduced crime? What are the real costs of this countrys war on drugs? Is there a link between the homicide rate and the amount of resources given to drug prohibition? Please join us as Boston University economist Jeffrey Miron (author of the major new book, Drug War Crimes) and former San Jose police chief, Joseph McNamara, examine these questions and explore real alternatives to Americas War on Drugs.
Jeffrey A. Miron
Boston University Professor of Economics and author of the new book, Drug War Crimes: The Consequences of Prohibition. His articles on Drug Policy have appeared in Social Research, Boston Globe and the London Observer. He received his Ph. D. in economics from the Massachusetts Institute of Technology.
Joseph D. McNamara
Research Fellow, Hoover Institution. Former Chief of Police, San Jose, CA and Kansas City, MO. He has published articles in the New York Times, the Los Angeles Times, the Wall Street Journal, the Washington Post, and other publications. He has been a commentator for NPR and has appeared on Meet the Press, Good Morning America, Sixty Minutes, and other programs.
Ethan A. Nadelmann
Founder and Executive Director of the Drug Policy Alliance, the leading organization in the United States promoting alternatives to the War on Drugs. Dr. Nadelmann received his Ph.D. and J.D. from Harvard University and a Masters degree in International Relations from the London School of Economics. His speaking and writings on drug policy have attracted international attention and appeared in Science, American Heritage, National Review, and others.