Research Fellow William J. Watkins, Jr. appeared on XMSatellite radios Innovation Navigation show to talk about his new book Patent Trolls: Predatory Litigation and the Smothering of Innovation. The cost of patent trolls is staggering, both in terms of lost work and in court costs and attorney fees. The outmoded patent system in the US is discussed, including proposals for reforming the patent system.
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.
Sr. Fellow Ivan Eland appears on The Financial Survival Network with host Kerry Lutz to talk about his book Recarving Rushmore which will be updated in the fall of 2014. The book ranks U.S. Presidents on issues of peace, prosperity, and liberty.
Research Fellow Anthony Gregory, author of "The Power of Habeas Corpus in America,"
discusses how politicians love to declare war on social and economic issues, and how these "wars" only manage to increase government power while reducing liberty.
Research Fellow Burton A. Abrams appeared on the "Bob Zadek Radio Show" on KKSF in San Francisco. Abrams talks about the MyGovCost calculator and his book The Terrible 10 and the top ten economic blunders in the last century.
Ivan Eland, author of Recarving Rushmore, appeared on the The Tom Woods Show. Eland talks about U.S. Presidents on the merits of their policies and whether those strategies contributed to peace, prosperity, and liberty.