Mariana Mazzucato

The Brexit-Trump Syndrome: it’s the economics, stupid

For decades, investment has been falling, living standards have declined, and inequality has risen. What the Brexit and Trump campaigns shared was that they exploited the resulting disaffection by blaming those problems on external forces, including globalisation. Yet these problems were not the inevitable results of globalisation, but of domestic policy choices, influenced by flawed economic theories. Michael Jacobs […]

Five minutes with Mariana Mazzucato: “We have socialised the risk of innovation but privatised the rewards”

The public sector is often seen as sclerotic and conservative in contrast with a dynamic and innovative private sector. This assumption lies at the basis of much of the outsourcing of public services to the private sector. In this interview and her new book, Mariana Mazzucato argues against this assessment and in favour of state-led innovation and economic growth. She […]