Economics - Innovation - Inclusive Growth - Public Purpose

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I am a Professor in the Economics of Innovation and Public Value at University College London (UCL), and Founder/Director of UCL's Institute for Innovation and Public Purpose. My work is focused on the relationship between innovation and the direction of growth, with emphasis on rethinking the public sector’s role to ensure growth is more innovation-led, inclusive and sustainable. I work with global leaders on ‘mission oriented’ policies, which can steer solutions towards grand challenges from the battle against climate warming to building resilient health systems. My 2013 book, The Entrepreneurial State: debunking public vs. private sector myths, looks at the ‘investor of first resort’ role that the State has played in the history of technological change — from the Internet to biotech— and the lessons for a Green New Deal. In 2016 I co-edited the book Rethinking Capitalism: Economics and Policy for Sustainable and Inclusive Growth focussed on new economic thinking to drive more effective economic policies. My 2018 book, The Value of Everything: making and taking in the global economy, brings the debate about value back to the heart of economics, so to ensure we are rewarding value creation over value extraction and destruction.

Featured TV

BBC World

Interview with IIPP Director Mariana Mazzucato

Channel 4 News

Discussing the importance of a Coronavirus budget

CNN

With Amanpour: Green New Deal could fuel growth

CHANNEL 4 NEWS

A ‘parasitic’ system in need of change

Articles by Mazzucato

How to Develop a COVID-19 Vaccine for All

How to Develop a COVID-19 Vaccine for All

Strong health systems, adequate testing capacity, and an effective, universally available vaccine will be key to protecting societies from COVID-19. But ensuring that no one is left behind requires not just unprecedented collective investment, but also a very different approach to innovation.

Entrepreneurial State

Financial Times Review

Financial Times Review

“This book has a controversial thesis. But it is basically right. The failure to recognise the role of the government in driving innovation may well be the greatest threat to rising prosperity.”  Martin Wolf    PDF

The Economist Review

The Economist Review

The book ‘points out the big role governments play in creating innovative businesses’

Value Of Everything

Money talks: Taming crypto

Money talks: Taming crypto

How do regulators define and tackle crypto-currencies? Professor Mariana Mazzucato explains how economists should measure value.

How to retool our concept of value

How to retool our concept of value

“Mazzucato’s trenchant analysis is a compelling call to reinvent value as a key concept to help us achieve the world we all want.” Robert Costanza

Prospect - Perils of the free market

Prospect - Perils of the free market

“Mazzucato offers an exposé of how value extractors and rent-seekers have been masquerading as value creators in the global economy.” Fran Boait

Radio and Podcasts

BBC Radio 4 Today

BBC Radio 4 Today

Mazzucato on what world banks can do to help with the Coronavirus crisis.

Cheerful Book Club: The Value of Everything

Cheerful Book Club: The Value of Everything

“We’re talking to top economist Mariana Mazzucato about her book, ‘The Value of Everything: Making and Taking in the Global Economy’. From ‘wealth creators’ to ‘risk takers’, Mariana challenges the stories we tell about who really creates economic value and dissects how these stories underpin government policy.” Listen

BBC Radio 4 TODAY

BBC Radio 4 TODAY

Mazzucato on tax and spending plans for Labour and Tory ahead of elections Listen

State Aid: Brexit, Bailouts and Corporate Bonanzas

State Aid: Brexit, Bailouts and Corporate Bonanzas

In this edition of Analysis, James Ball, global editor of the Bureau for Investigative Journalism, explores the EU’s state aid rules, how they affect our livelihoods, and what might happen if the UK decides to stop playing by the rules after Brexit.

Recent Publications

Featured Talks

Schumpeter 2019 Lecture

fourth Schumpeter Innovation in Enterprise lecture at the House of the Estates

 

TED SUMMIT 2019

Edinburgh, United Kingdom – Mazzucato delivers a TED talk titled “What is economic value, and who creates it?”

 

Long Now Foundation

Keynote speaker in the series of seminars about Long-term Thinking

 

British Library

Mazzucato launches her new book at the British Library in conversation with Paul Mason

 

2018 Leontief Economics Prize Keynote

Keynote fore the 2018 Leontief Prize for Advancing the Frontiers of Economic Thought titled “Globalization, Innovation, and Inequality”

Upcoming And Recent Talks

Wired Smarter

Wired Smarter

London, United Kingdom – Key speaker at WIRED event