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Dr. Lawrence J. McQuillan: California’s Public Pension Crisis
Recorded: Tuesday, June 17, 2014

On June 17, 2014, Sr. Fellow Lawrence McQuillan spoke at an event for supporters of the Independent Institute. Dr. McQuillan spoke about California’s 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.


Type: Independent Institute TV
Issues: Culture/ Society, Economic History and Development (U.S.), Economic Policy, Fiscal Policy/Debt, Labor and Employment, Political Ideology and Philosophy

       
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New MyGovCost App Demo!
Recorded: Friday, June 13, 2014

How much Washington’s spending is costing YOU? Enter your age, income, and education level and the calculator shows exactly what you’re 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.

Experts: Lawrence J. McQuillan
Type: Independent Institute TV
Issues: Bureaucracy and Government, Business, Culture/ Society, Economic History and Development (U.S.), Economic Policy, Economists, Fiscal Policy/Debt, Free Market Economics, Government Waste/Pork, Labor and Employment

       
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The Roots of Government Failure: An Interview
Recorded: Wednesday, November 30, 2011

William Shughart interviews Economist Randy T. Simmons, author of Beyond Politics: The Roots of Government Failure.

Experts: William F. Shughart II, Randy T. Simmons
Type: Independent Institute TV
Issues: Democracy, Economic History and Development (U.S.), Public Choice Theory

       
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