Independent Institute Senior Fellow Lawrence J. McQuillan suggests that employees, not employers, should be in control of health insurance.
To purchase copies of John C. Goodman's book "Priceless: Curing the Healthcare Crisis," click here or call Toll Free 1-800-297-8733.
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 Lawrence McQuillan was a guest on the Jason Lewis radio show. He discussed the economics and history of totalitarianism vs capitalism in terms of policies such as higher taxes for corporations, farm subsidies, price and rent controls and endless money supply and how history can show us which of these stifle prosperity. Private property and individualism are the foundations of freedom, argues McQuillan.