and michael milken isn't unique.ke the savvy real estate investors out there, they've all jumped on this thing. >> what was particularly the matter that we focused on is that there is only one in the place united states out of the 8,700 opportunity zones that were created as part of the tax law in 2017 that got a special exception from the secretary of treasury, and that's this one county in nevada, storey county in nevada. and it turns out that is the one place where michael milken has 700 acres of land that is in the middle of the opportunity zone. examine this action occurred after a period in this dmil and mnuchin had been together. and we know that milken's business associate had been participating in order to get the special kepexception. that's part of what we're looking at. >> milken is pushing back, he put out a detailed letter denying any conversations with mnuchin about these regulations, but he also said the owners of the property in question are not planning to use opportunity zone funds to develop. what

nonviolence passive resistance many milken's option ecological concerns and so on. in 1039 mahatma gandhi wrote his 1st letter to as of hitler addressing him as dear friend. just as khaled has decided to project the original manuscript onto a smokescreen gandhi's failed attempt to prevent a war 5 weeks before germany marched into poland remains very moving today. the center of the work is really the viewer who 1st reads the message in 1st person because it as is their friend friends have been urging me to write to you for the sake of humanity and i think it's a moment a reflection of your own position and how you might see in the world your own gestures and actually. force a container kulkarni to gandhi is a point of reference she explores violence in public space sexual violence india is one of the most dangerous countries in the world for women. the artist's works are wearable. so this is our moment for protection for the female body but the mccann ism is such that when you are reading it you can move too easily you know the. hands move in a particular way the hea

with us with the milken institute, their chief economist with years at citigroup and the internationale. it is an extraordinary story and i think we are making generational shifts in europe as well. tell me the generational shift if madame lagarde parachutes into the ecb. sheiam: the one thing brings is the notion of structural reform and change. it is something every mission to europe has to require and everyone is not into it but no one has incremented it. labor markets are rigid, there is no ability for market forces to do their job. christine lagarde goes there from the position of the ecb, it is a macro shock but i think she's going to push hard on getting politicians to do the reforms they know they have to do. francine: it is not the ecb's job to push structural reform. inflation figure out and that goes to the transmission mechanisms. she is not going to start telling her maybe she can get away with fiscal policy. now wondering if the ecb is at the limits of monetary policy and the transmission mechanisms are being blocked and christine lagarde has one major -- which is she has

him through his ideas and pronounced values of either peanuts nonviolence passive resistance many milken's option ecological concerns and so on. in 1039 mahatma gandhi wrote his 1st letter to as of hitler addressing him as dear friend. just as khaled has decided to project the original manuscript onto a smokescreen gandhi's failed attempt to prevent a war 5 weeks before germany marched into poland remains very moving today. the center of the work is really the viewer who 1st reads the message in 1st person because the writer says dear friend friends are going to be right to you for the sake of humanity and i think it's a moment a reflection of your own position and how you may change the word your own gestures or actions. force a container called kami to gandhi is a point of reference she explores violence in public space sexual violence india is one of the most dangerous countries in the world for women. the artist's works are wearable. so this is protection for the female body but the mccann ism is such that when you're reading it you can move too easily you know the hands move in a part

billne: joining us now is lee of the milken institute, chief economist there. welcome.hink anyone can deny that mario draghi help to stabilize the euro area economies the first few years he was there. there have been questions about how far he pushed monetary policy, and whether that was good for the area in the long term. do you think that is so? >> absolutely. he single-handedly saved the doo area with four words, what it takes. that was the best piece of central banking done this century. left is we had the area and doldrums, inflation, and the .oncern about debt crisis that is the legacy he is leaving to christine lagarde. joe: some would argue he's tried to make that go down easier. , the concepteeting of multiple rates, and perhaps this provides a way out. is this a tool that with further massaging and expanding could be effective? those attempts are really to refine that tool of targeting negative rates and not hurting the system. direct, they tried to money and credits to smaller businesses in smaller banks, but the destructive force of negative rates ruins inve

i'm sure i've gotten this wrong for the people at milken, but i'm looking at this logo.need strands from different places to solve this on top of the work going on. i'm not exactly sure how we do that, and i have one other question that has been bugging me, and maybe i'm wrong about this. i know there are a lot of people doing great flu work, but young, smart, phd students and postdocs go where there is funding. the funding exists, but there is greater funding and other areas. i don't run into an endless number of people at stanford medical school who are doing flu research. they are doing neurology there are a lot of things they are doing. this doesn't seem like it's principally one of the most important issues on students or brilliant young researchers'minds. had we change that, or am i wrong? how do we change that, or am i wrong? >> a year ago, the foundation teamed up to put out a grand challenge for this and acknowledged all this stuff is going on, the importance of the basic research, but are there other people we don't know from other fields who may have a solutio

>>and yeah putting it in the fridge kind of next to the milken style that still like either way there is a dry ey strip. but if you're going to do it in your fridge or freezers you have to unplug them because the dry ice will keep everything cold but it messes up the thermostat it'll really screw up your fridge or freezer if you don't disconnected and then you reconnect it when you get power get very helpful when you're talking about multi-day power outages like we are and more power outages on the way because the winds and more bad air quality because the winds but i got tell you this is your current map these are in the hundreds even the bad. >>areas and yesterday it was to even some what seeing is some 300 even some isolated for hundreds right around the lake o. >>this morning all in all are sheik bad air quality areas are or a lot less bad than but it's just kind of spread out for that was what was expected to just kind of diffused across the bay last night so we have a lot of east bay area, some of our inland valleys. uh yeah that are looking at less than ideal air quality right

many law solution to half a page suddenly data files into the home they think michelle of michael milken i but i want the mike in the. dome i didn't get a date. i ran down my video and without. really looking closely is of. course still in the station. for the scope of us order. arizona. versus present government if just for a land where there are friendly zoning. it's quite sounds all the. local growth this year will be by ok this is the by the by leveraging or you can buy or sell state schools with a political. accountability though. those. are symbiotic was mia if. he paid. back yes you're on your parents see where. the beer was at then was out of the element that is always melted in me the more deadly dollars. that our society but i think it's fall out of the middle he. and the will say to me now so. you also said. all the while the father that as soon as they can then when that is done they say he got to school so i was only supper last seen on the salad ya'll if you then put all this good in sub you wouldn't even. well while well as utica that is something what it is that is histor