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Mariana Mazzucato

Mariana Mazzucato

Writing for PS since 2015
67 commentaries
2 videos & podcasts

Mariana Mazzucato, Professor in the Economics of Innovation and Public Value at University College London, is Founding Director of the UCL Institute for Innovation and Public Purpose, Chair of the World Health Organization’s Council on the Economics of Health For All, and a co-chair of the Global Commission on the Economics of Water. She is the author of The Value of Everything: Making and Taking in the Global Economy (Penguin Books, 2019), Mission Economy: A Moonshot Guide to Changing Capitalism (Penguin Books, 2022), and, most recently, The Big Con: How the Consulting Industry Weakens Our Businesses, Infantilizes Our Governments and Warps Our Economies (Penguin Press, 2023). A tenth anniversary edition of her book The Entrepreneurial State: Debunking Public vs. Private Sector Myths was published by Penguin in September.

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  1. What Mission-Driven Government Means
    krueger54_ Anna MoneymakerGetty Images_CHIPS Anna Moneymaker/Getty Images

    What Mission-Driven Government Means

    May 7, 2024 Mariana Mazzucato & Rainer Kattel correct common misconceptions about a particular form of state participation in the economy.

  2. Central Banks in a Cashless World
    mazzucato66_Soumyabrata RoyNurPhoto via Getty Images_IndiaUPI Soumyabrata Roy/NurPhoto via Getty Images

    Central Banks in a Cashless World

    Apr 26, 2024 Mariana Mazzucato & David Eaves explain why policymakers should become more involved in shaping or creating digital-payments infrastructure.

  3. Governments Must Shape AI’s Future
    mazzucato62 Getty Images

    Governments Must Shape AI’s Future

    Apr 12, 2024 Mariana Mazzucato & Fausto Gernone urge policymakers to see themselves as proactive participants in technological innovation and market-making.

  4. How to Save the Pandemic Treaty
    mazzucato64_BRUNO FAHYBelgaAFP via Getty Images_pandemic BRUNO FAHY/Belga/AFP via Getty Images

    How to Save the Pandemic Treaty

    Mar 25, 2024 Mariana Mazzucato explains what it will take to prevent or minimize the costs of future contagious outbreaks like COVID-19.

  5. Governments Must Shape AI’s Future
    mazzucato62 Getty Images

    Governments Must Shape AI’s Future

    Mar 11, 2024 Mariana Mazzucato & Fausto Gernone urge policymakers to see themselves as proactive participants in technological innovation and market-making.

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  1. spence173_ Joe RaedleGetty Images_power Joe Raedle/Getty Images

    Crunch Time for the Power Sector

    Michael Spence

    Making the power sector fit for the twenty-first century requires a “banker” that finances and coordinates relevant long-term investments, and an “architect” that guides the development of a complex, interconnected smart-grid system. National governments need to fill both roles.

    argues that developing flexible, stable, and resilient smart grids requires an expanded industrial policy.
  2. op_janeway16_SAUL LOEBAFP via Getty Images_bidenchips Saul Loeb/AFP via Getty Images

    The Rise of Mesoeconomics

    William H. Janeway

    A growing body of literature focusing on the domain between the microeconomic and the macroeconomic has become increasingly relevant in a world beset by supply shocks. Armed with such insights, those designing industrial policies will have a better chance of achieving their overlapping economic- and national-security goals.

    details how a long-neglected field of economic study can be applied to today's most pressing policy challenges.
  3. strain27_Philipp von Ditfurthpicture alliance via Getty Images_AIeducation Philipp von Ditfurth/picture alliance via Getty Images

    What the AI Pessimists Are Missing

    Michael R. Strain points out that the technology will help to address many of the risks it creates.
  4. ito37_Spencer PlattGetty Images_columbiaprotests Spencer Platt/Getty Images

    The Innocent Bystanders of College Protests

    Takatoshi Ito laments that a radical minority can disrupt the lives of so many in the broader university community.
  5. lacamera1_Wang DongzhenXinhua via Getty Images_COP28 Wang Dongzhen/Xinhua via Getty Images

    Only Public-Private Cooperation Can Accelerate Decarbonization

    Francesco La Camera & Bruce Douglas explain how to translate political commitments into actual wind turbines and solar panels.
  6. haass167_ANATOLII STEPANOVAFP via Getty Images_ukrainesoldiers Anatolii Stepanov/AFP via Getty Images

    Defining Success in Ukraine

    Richard Haass calls for a shift to a defensive posture and efforts to bring about a long-term ceasefire.
  7. aslund75_Pierre CromGetty Images_ukraineconflict Pierre Crom/Getty Images

    A Unified Western Strategy for Ukraine

    Anders Åslund proposes a maximalist approach to military aid to replace the current piecemeal injections of old weapons.
  8. khrushcheva180_ContributorGetty Images_shoiguputin Contributor/Getty Images

    Russia’s Battle of the Ministries

    Nina L. Khrushcheva sees a high-ranking official's recent arrest as a sign of declining confidence in Vladimir Putin's leadership.
  9. ghosh77_MANDEL NGANAFP via Getty Images_ajaybanga Mandel Ngan/AFP via Getty Images

    The “Billions to Trillions” Charade

    Jayati Ghosh explains why using development banks' resources to incentivize private-sector finance is unlikely to succeed.

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