Check our latest issue for a look at how giant airlines are finally covering costs, a plan for managing risk in drug development through philanthropy, the seawater desalination situation in California, views on whether the rise in extreme wealth undermines growth, and much more.

Forward  |  View web version » Just Released: Milken Institute Review George Mason University economist Ken Button points out that the giant legacy airlines that stumbled through the first decades of deregulation are finally covering their operating costs and are better positioned to confront future economic storms. MI's Melissa Stevens outlines a plan for leveraging philanthropic dollars to manage risk in the development of life-saving drugs. Former New York Times reporter Larry Fisher examines California’s flirtation with seawater desalination.Gene Steuerle, an economist at the Urban Institute in Washington, explains how long-dead policymakers haunt the federal budget. Sutirtha Bagchi of Villanova University and Jan Svejnar of Columbia University ask whether the extraordinary rise in extreme wealth in recent decades stimulates or undermines economic growth. And much more… Download and read the MI Review » INSTITUTE SPOTLIGHT: CAPITAL MARKET DEVELOPMENT IN RWANDA Survey Brief: Rwandan Businesses Share Their Priorities for Capital-Market Development The Capital Market Authority of Rwanda and the Milken Institute Center for Financial Markets commissioned a survey of Rwandan businesses about their financial-market policy preferences. Distributed by the Rwanda Private Sector Federation, a business association, the survey asked companies about their current access to financing, perceptions of Rwanda’s capital markets, and priorities for the development of these markets. More » Capital Markets in Rwanda: Assessment and Aspirations In 2015, the Rwandan Ministry of Finance and Economic Planning mandated the Capital Market Authority of Rwanda to develop a Capital Market Master Plan. This plan, developed with MI's Center for Financial Markets, will set the CMA’s policy strategy for the next 10 years. It will advance a strategic agenda for deepening debt markets, expanding listings on the Rwanda Stock Exchange, developing an ecosystem of financial sector intermediaries, and further integrating Rwanda’s capital markets with those of its East African neighbors. More » BUZZWORTHY VIDEOS Milken Institute Forum The Conservative Heart: How to Build a Fairer, Happier and More Prosperous America Asia Fellow Curtis S. Chin discusses China on Voice of America's HashtagVOA CNBC Interviews Ross DeVol about Best-Performing Cities 2015 UPCOMING EVENTS Milken Institute Forum | Imperial Gamble: Putin, Ukraine, and the New Cold War As a former Moscow correspondent and bureau chief, Marvin Kalb has a keen understanding of Vladimir Putin and his plans to expand Russia's regional and global influence. Kalb will discuss his new book, "Imperial Gamble: Putin, Ukraine, and the New Cold War," in which he provides historical context to the conflict in Ukraine and explains Putin's rise and the roots of Russian nationalism. January 26, 2016 Santa Monica, CA Register to attend » Milken Institute Public Health Summit 2016 The Summit will foster greater unity of mission among the institutions involved in public health, raise public awareness, demonstrate the social and economic benefits of the field, and reaffirm a global commitment to preserving the health of all. March 1-2, 2016 Washington, D.C. Read more » Global Conference 2016 The Global Conference convenes 3,500 thought leaders who will hear 700-plus speakers in more than 170 sessions over four days. Participants will explore solutions to today's most pressing challenges in financial markets, industry, health, government and education. May 1-4, 2016 Los Angeles, CA Register to attend » INSIGHTS FROM INSTITUTE EXPERTS Huffington Post: Top 10 Medical Research Issues and Trends to Watch in 2016 By Margaret Anderson Advances in scientific discovery are converging with unparalleled policy and regulatory action for medical research. FasterCures surveyed the landscape and interviewed subject matter experts to come up with recommendations for issues to watch. More » Op-Ed: Boost California Tax Credits to Spur Research By Ross DeVol and Kevin Klowden Some indicators suggest that California’s long-term innovative capacity is declining, or will unless steps are taken. More » Huffington Post: The Right Road For A Better Future Of Aging By Paul Irving The "right road" views the value of healthy aging for individuals and institutions, and recognizes the growing population of older adults as an abundant human capital resource. More » Banks, Tech, and the Struggle for Customer Data By Brian Knight Why would banks oppose allowing customers to access their data via the services they wish? The logic isn’t quite as obvious as it may appear. More » Physician Payment Incentives That Don’t Make Sense By Sindhu Kubendran Despite the growing need for obesity counseling, there is little utilization of the service in doctor’s offices. Medicare, which often sets the standards that guide coverage and reimbursement decisions, only reimburses obesity counseling at one-fourth the rate of a regular patient appointment. More » FinTech in Focus By Jackson Mueller As part of the Center for Financial Markets FinTech program, FinTech in Focus offers a sampling of the week’s top domestic and international headlines and stories about this innovative, fast-growing sector More » The Milken Institute is growing. Grow along with us. 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