The Milken Institute is holding its annual Global Conference this week, and as at conferences past, Michael Milken himself chaired a panel discussion of Nobel laureates in economics.  This year's panel:

Gary Becker, Nobel Laureate, 1992; University Professor of Economics and Sociology, University of Chicago

Roger Myerson, Nobel Laureate, 2007; Glen A. Lloyd Distinguished Service Professor in Economics, University of Chicago

Myron Scholes, Nobel Laureate, 1997; Chairman, Platinum Grove Asset Management

The theme this year was "Whither Capitalism?"  The panelists covered a wide range of topics, from comparing the current recession to the Great Depression (they think it is not an apt comparison);  to regulation and short-term efforts to shore up the financial system; to long term matters of concern, like education.  There is a heavy Chicago School infulence in the discussion, and the panelists show little fear that free market principles prevail and capitalism is not going anywhere.  Watch the discussion by clicking here.  Start at 15 minutes in if you want tot skip the conference business and Milken Institute marketing: