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Category Archives: Articles By Mazzucato

Avoiding a Climate Lockdown

Avoiding a Climate Lockdown

The world is approaching a tipping point on climate change, when protecting the future of civilization will require dramatic interventions. Avoiding this scenario will require a green economic transformation. more

Toward a New Fiscal Constitution

Toward a New Fiscal Constitution

With the COVID-19 pandemic forcing governments to spend on an unprecedented scale, it’s time to restore the state to its proper role as a rudder for the broader economy. more

No More Free-Lunch Bailouts

No More Free-Lunch Bailouts

With governments spending on a massive scale to mitigate the economic fallout from COVID-19, they should be positioning their economies for a more sustainable future. more

Capitalism’s Triple Crisis

Capitalism’s Triple Crisis

After the 2008 financial crisis, we learned the hard way what happens when governments flood the economy with unconditional liquidity more