America's Pension Crisis - Granite Grok

America’s Pension Crisis

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In this segment we are joined by Lawrence J. McQuillan, Senior Fellow and Director of the Center on Entrepreneurial Innovation at the Independent Institute and author of  CALIFORNIA DREAMING: Lessons on How to Resolve America’s Public Pension Crisis.

“In California Dreaming, McQuillan provides a beautiful case study of the way politics operates to produce public pension policies based on an insidious form of hidden deficit finance that harms future generations and undermines sound policies today. We may hope that his trenchant analysis of California’s problems will serve as a guide to much needed reform of local, state and federal government policies.” —Edgar K. Browning, Professor Emeritus of Economics, Texas A&M University

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