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

CNN

With Amanpour: Green New Deal could fuel growth

CHANNEL 4 NEWS

A ‘parasitic’ system in need of change

Bloomberg

Rethinking Capitalism to create global value

CNN

With Zakaria: The US Entrepreneurial State

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

Podcasts

Directing innovation towards sustainable growth

Directing innovation towards sustainable growth

John Thornhill talks to economist Mariana Mazzucato about her work to promote collaboration between governments and companies to direct innovation towards sustainable and inclusive growth.

Rethinking Economics

Rethinking Economics

Interviews with economists on how they are rethinking some central tenets of the subject :Economists would always acknowledge that markets fail too, and then government must act. But as a default, the assumption has been private first, public second.That whole view has been challenged by Professor Mariana Mazzucato.

The Innovation Economy

The Innovation Economy

Mariana and Azeem Azhar discuss the role of government in innovation and business growth, risk-taking as the new mentality of bureaucracy, and how the benefits of entrepreneurial innovation have been misread.

Project Syndicate: The Value of Government Risk Taking

Project Syndicate: The Value of Government Risk Taking

While many in the private sector consider themselves “wealth creators,” governments have come to believe that their economic role is more passive. But this is short-sighted; when mission-driven public-sector actors collaborate to tackle problems, they co-create new markets that affect both the rate of growth and its direction.

Recent Publications

Featured Talks

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”

European Central Bank

Panelist on “Innovation, Investment and Productivity” at the ECB Central Banking Forum with Joel Mokyr and Hal Varian.

University of Cambridge

Cambridge Public Policy Annual Lecture on ‘Smart and Inclusive Growth: a new narrative on wealth creation’.

 

German Parliament

Keynote to German SPD Business Conference with Economic and Energy Minister Sigmar Gabriel.

 

Upcoming And Recent Talks

Wired Smarter

Wired Smarter

London, United Kingdom – Key speaker at WIRED event