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Milken Institute Review Fourth Quarter 2011 Milken Institute Review Fourth Quarter 2011
October 2011

Clark Johnson, author of an acclaimed book on the Great Depression, challenges those who believe that monetary policy has run out of gas. A book excerpt from Sylvia Nasar's "Grand Pursuit" recounts the birth of modern economics. Also in this issue: a plan for re-privatizing the mortgage market; the surprising curse of natural resource abundance; an argument for setting federal energy efficiency requirements; a look at how global warming will affect Africa; and analysis of the daunting cost - and necessity - of building out high-speed rail in the U.S. read more
Milken Institute Review Third Quarter 2011 Milken Institute Review Third Quarter 2011
July 2011

Michael Greenstone of MIT and Adam Looney of the Brookings Institution document the disastrous fortunes of men in the American labor force. This issue also features a series of articles exploring proposals to cut the deficit: practical ways to pare the defense budget by $60 billion; approaches to bringing health-care inflation to heel; and radical reforms for one of the most expensive and least-noticed entitlement programs, Social Security Disability Insurance. read more
Milken Institute Review Second Quarter 2011 Milken Institute Review Second Quarter 2011
May 2011

Institute Chairman Michael Milken argues that the "American century" does not have to end if the U.S. undertakes bold policy reforms in energy, housing, entitlements, education, health and immigration. Also in this issue: the technological change that should be at the heart of climate policy; Mexico's startling downward spiral; a big-picture view of what it will take to revive the economies of Western Europe and the U.S.; and an intriguing look at medical tourism. read more
Milken Institute Review First Quarter 2011 Milken Institute Review First Quarter 2011
January 2011

Josh Rauh of Northwestern University outlines the consequences of the state and local pension mess – and examines the case for a federal bailout with strings attached. Also in this issue: reconsidering the unloved VAT; breaking the stalemate over immigration reform; and why many economists fear deflation more than inflation. read more

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