Mont Hamilton/Bastiat Society - Marc Joffe: "Bringing Fiscal Sanity to CA I...

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The Silicon Valley Capital Club - Vintage Room

50 West San Fernando Avenue

Top Floor

San Jose, CA 95113

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The Mont Hamilton/Bastiat Society is proud to host Marc Joffe, who will speak and answer questions about "Bringing Fiscal Sanity to California Infrastriucture Policy."

California high-speed rail is just the latest in a series of public infrastructure projects that have exceeded budgets, blown through deadlines and failed to deliver promised benefits. Marc will discuss his research on the bullet train and other California projects and offer politically feasible policy suggestions that could improve the state’s infrastructure without bankrupting governments and taxpayers. Best practices Marc will discuss include:

- Shifting risk from taxpayers to private companies, instead of letting contractors operate on a “cost plus” basis

- Privatizing existing assets as a way of paying down unfunded pension liabilities

- Improving existing facilities where possible instead of building brand new ones


The issues and ideas that Marc will discuss will help you:

- understand just how broken and costly CA government is

- appreciate alternative ways to deal with the issues

- see that a better future for CA is possible


For a sampling of Marc's writing on infrastructure issues in CA, you might want to check out:

https://www.mercurynews.com/2018/11/17/opinion-fixing-bay-area-transit-requires-better-building-practices/

https://www.ocregister.com/2018/12/20/a-long-term-solution-to-californias-water-woes/


Marc Joffe is a senior policy analyst at Reason Foundation where he writes about government finance, public pensions and California policy issues. His op-eds appear frequently in the Orange County Register, SJ Mercury News and other California media. His long-form studies have been published by California Debt and Investment Advisory Commission (co-authoring with SJSU’s Matthew Holian), UC Berkeley’s Haas Institute and the Mercatus Center at George Mason University. Marc also chairs an industry working group on technical standards for government financial statements. Before becoming a public policy researcher Marc held a number of technology management roles in the financial industry including as a Senior Director at Moody's Analytics. He has a BA and MBA from New York University and an MPA from San Francisco State University.

As an undergraduate in the early 1980s Marc ran the New York University chapter of Students for a Libertarian Society and took classes offered by Larry White, Gerald O’Driscoll and Israel Kirzner. His final paper in Kirzner’s Foundations of Capitalism class was entitled “The Case for Anarchism” and received an “A”. His Senior Thesis, “An Economic Analysis of the Draft” added intellectual heft to his anti-conscription and anti-war activism on campus. In 1994, Marc started a newsletter entitled “New Country Report” to cover libertarian new country projects which ultimately inspired the Seasteading movement.

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About the Mont Hamilton Society - In 1947 Friedrich Hayek, an economist and social philosopher who later won the Nobel Prize, organized a meeting at Mt. Pelerin, a resort in Switzerland. Hayek convened a small group of economists and journalists for the purpose of supporting research and discussion on the role of markets. The Mont Pelerin Society is now a large and prestigious international organization.

In 2009, a group of friends began to meet in San Jose for the purposes of improving their understanding of economic theory, applying it to current events and sharing their understanding with others. In recognition of the example set by the Mont Pelerin Society, they decided to name their group the Mont Hamilton Society. Members understand the realities of the business world, share an interest in economic thinking, and value discourse from a variety of perspectives. Faculty and students from the Department of Economics at San Jose State University are frequent guests at Society meetings. In June 2017 the Mont Hamilton Society became the Silicon Valley affiliate chapter of the Bastiat Society and AIER project. See our webpage for more information: https://www.aier.org/bastiatsociety/san-jose

There are no membership fees or organizational meetings.

If you would like to be on the list, or know someone else who might like, to receive notice of our 6 to 8 luncheons or other events per year, or have any questions, please send an email to: PatrickPeterson2@gmail.com. You or your suggested person(s) will receive an Eventbrite announcement and a reminder or two of each event as they are scheduled, or a prompt answer to your question.

These luncheons are discussions, not standard lectures. To facilitate this, the gatherings are kept small, typically 12 - 24 individuals only.

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Ticket sales close three business days prior to the event, in order to give a head-count to the Capital Club. So, don't miss out, REGISTER via the ticketing process above TODAY!

Parking at the Capital Club is not included in your registration fee. However, if you park in the Capital Club building's parking garage, bring your ticket to the Capital Club front desk receptionist and he/she will validate it for a small complimentary discount.

Refund Policy: Refunds or credits for paid reservations shall be at the sole discretion of the Society member who is financially responsible for the event. Generally, refunds will not be granted unless request is made at least seven business days before the event, due to prior food service contract terms. If you cannot make an event for which you have a paid reservation and would like to request a refund or credit, please contact the organizer listed on the invitation for the event.

Pictures Policy: Photographs &/or videos of the speaker and guests may be taken during the event and used for promotional purposes for future events. Unless you communicate to the event organizer that you would prefer to have no pictures of you at the event used for such purposes, and are acknowledged in writing, it is assumed you hereby freely consent to such use by the Mont Hamilton/Bastiat Society.


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Date and Time

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The Silicon Valley Capital Club - Vintage Room

50 West San Fernando Avenue

Top Floor

San Jose, CA 95113

View Map

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