The UK prime minister’s crude characterisation of how drug innovation works has worrying implications more
Economics - Innovation - Inclusive Growth - Public Purpose
Tag Archives: UK
Talk of ‘globalisation’ will not help us understand the difficult choices ahead
What role did a mysterious force called ‘globalisation’ play in the UK’s vote to leave the EU? And what now for globalisation? Those were the questions I was asked to discuss on BBC Radio 4’s Today programme on Monday with Editor of the Economist, Zanny Minton Beddoes.
Even amidst the current political turmoil, there are the beginnings of a much needed, more serious, search for answers as to why so many people, not only in the UK, feel that the global economy does not work for them. Even regions of the UK that are the largest beneficiaries of EU structural funds – worth €150 more
Osborne isn’t fixing the roof, he’s eroding the foundations.
Prof. Mazzucato writes for the Guardian following the 2015 Spending Review. more
The Future of the BBC: the BBC as Market Shaper and Creator
At the heart of the government’s green paper on the future of the BBC is an implicit accusation that the broadcaster is ‘crowding out’ the market through the scale and quality of its services. The BBC is accused of (potentially) ‘stealing’ audience from private broadcasters, diminishing potential income from advertising (or subscription) and, consequently, private investments. If the BBC is to be blamed for ‘crowding more
Too little, too late if we are to emulate Germany and China’s ambitions
Professor Mazzucato’s article about UK Chancellor George Osborne’s speech. more
A progressive economic agenda
I’ve agreed to join a new Economic Advisory Committee being set up by the UK Labour party, announced this week by new Shadow Chancellor John McDonnell. I’ll be working alongside some other great economists including Nobel laureate Joseph Stiglitz, Thomas Piketty, David Blanchflower and Simon Wren-Lewis (whose take on joining the committee you can read here). more
Jeremy Corbyn’s Necessary Agenda
Seven economists (including Joseph Stiglitz, Thomas Piketty, and me) have agreed to become economic advisers to Jeremy Corbyn, the new leader of the British Labour Party. I hope we will have a shared goal to help Labour shape an economic policy that is investment-led, inclusive, and sustainable. more
Alternatives to Austerity
Insights from Professor Mazzucto’s work, including a lecture she gave to the University of Bath’s Institute for Policy Research (IPR), informed this IPR Policy Brief, ‘Alternatives to Austerity’ (see chapter 4). Website PDF more
La ricchezza giusta per la sinistra
“Una teoria sulle ragioni della sconfitta del Partito laburista alle elezioni britanniche comincia a prendere piede. Ma è una teoria sbagliata. Per quelli che basano le loro previsioni sui sondaggi, il risultato è stato una sorpresa.” PDF more
A new (wealth creating) agenda for the Labour Party
A consensus is developing about why the Labour party lost – and lost big time -in the UK election. But the consensus is wrong. To those relying on the polls for prediction, the result came as a surprise. But for those who have followed Labour in the last years, indeed tried to influence their policies, and have been frustrated by the lack of a seriously different story –on what caused the crisis, what to do during it, and how to get more