UCL Institute for Innovation and Public Purpose


In the Media

The UCL Institute for Innovation and Public Purpose's work is regularly featured in the media around the world including articles, TV, radio and podcasts.

Spain’s snap election could kill its housing revolution before it even gets started

The country’s new housing law could change so much – but may be reversed if rightwing parties gain more influence, says Eduardo González de Molina

Read: Guardian

5 June 2023

Preparing for the next pandemic will take a global commitment

The leaked draft of the WHO Pandemic Accord contains worrying signs, says Mariana Mazzucato.

Read: Financial Times

1 June 2023

Running out of battery: how post-Brexit Britain is failing to set up a future-focused economy

One-off deals, such as the one with Jaguar Land Rover to produce electric batteries, won’t keep pace with the big industrial strategies of the US and EU, says Mariana Mazzucato.

Read: The Guardian

31 May 2023

PWC Tax Leak Scandal

Rosie Collington spoke to Moya Lothian-McLean of Novara Media about conflicts of interest, the PwC Australia leaks and The Big Con, her book with Mariana Mazzucato.

Watch: Novara Media/YouTube (from 21:18)

25 May 2023

Health for All: Transforming economies to deliver what matters

The goal of Health for All can steer the direction of economic growth, writes Mariana Mazzucato.

Read: The BMJ

23 May 2023

81% of Scots think 'wealth is too concentrated'

New think tank conducts research suggesting most Scots think the economy is not on the right path

Read: Insider

10 May 2023

Avales hipotecarios: un paso atrás en vivienda (Mortgage guarantees: a step back in housing)

The Council of Ministers has approved an inflationary measure and, as it ends up benefitting people with more income, it is also regressive, writes Eduardo González de Molina.

Read: El Periódico

9 May 2023

Two-Price Economy

Minsky, First Republic Bank, and the paradox of contemporary monetary policy. Josh Ryan-Collins reflects.

Read: Phenomenal World

10 May 2023

‘Os governos ficaram viciados em consultorias e pararam de investir em pessoal’, diz economista (‘Governments became addicted to consultancies and stopped investing in personnel’, says economist)

Italian professor defends investment in empolyees and is against rules that limit public spending.

Read: Estadão

2 May 2023

Financing the Common Good

The United Nations has warned that “cascading and interlinked crises” are jeopardizing not just the 2030 Agenda for Sustainable Development, but “humanity’s very survival.” Mitigating the threat requires a radical reform of international finance, based on a market-shaping paradigm that advances the common good.

Read: Project Syndicate

1 May 2023

Mazzucato calls for govt consultants to disclose conflicts of interest

Influential economist Mariana Mazzucato has urged Australia’s Parliament to introduce new disclosure requirements for consulting companies working for government.

Read: InnovationAus.com

1 May 2023

Consultancies are coming off a pandemic boom. Are they still worth hiring?

Professor Mariana Mazzucato and her co-author Rosie Collington argue in the new book The Big Con that management consultancies “infantilize” governments by keeping them dependent on their services.

Read: CNN

1 May 2023


The Guardian view on management consultants: overused, underperforming

Editorial: The omnipresence of consultancies is harming public services, while creating lucrative opportunities for private profit

Read: The Guardian

17 April 2023

How Capitalism WASTES Billions: Mariana Mazzucato's Tour De Force

Professor Mariana Mazzucato is one of the world's most exciting economic thinkers, and her new book - THE BIG CON - exposes how consultancy firms are eating up billions upon billions of pounds. You won't think of our economic system the same way again.

Watch: Owen Jones' YouTube channel

17 April 2023

Boganmeldelse: Skarp kritik af nålestribede konsulenter (Book review: Sharp criticism of pinstriped consultants)

Two tough female economists and experts in innovative thinking in the public sector come up with a paralysing criticism of the consulting industry in the book The Big Con. Mariana Mazzucato and Rosie Collington from University College London believe that the big advisers, such as McKinsey, Boston Consulting, Deloitte and KPMG, generally do a poor job for both the public sector and private companies. They do not create added value commensurate with the advisors' enormous fees. Journalist Hugo Gaarden reviews the book.

Read: Økonomisk Ugebrev

17 April 2023

Mission-oriented industrial strategies for achieving the SDGs

Industrial strategies can steer the direction of growth towards well-defined goals.


11 April 2023

Una apuesta esperanzada por la heterodoxia (A hopeful commitment to heterodoxy)

Academics Michael Jacobs and Mariana Mazzucato review articles from world leaders to find non-traditional responses to the economic and democratic crises.

Read: Clarín

10 April 2023

A ten point plan for the World Bank President’s first 100 days

More than a hundred presidents, celebrities and economists have come together to propose a ten-point-plan to reform the World Bank and make it fit for the 21st Century.

Read: One

6 April 2023

Getting Drug Development Right

Recent cases of pharmaceutical companies jacking up the price of lifesaving vaccines confirms once again that we need a new approach to pharmaceutical innovation. Health-sector governance and public funding should be promoting collaboration and solidarity, not zero-sum competition and gatekeeping.

Read: Project Syndicate

5 April 2023

Magic Consultants - The Craft

Consultants miraculously turn around businesses and conjure up ideas. Adam Shaw asks why is this $billion industry so mysterious and should we really be in awe of their wizardry? Rosie Collington contributes.

Listen: BBC Radio 4

28 March 2023

Need a consultant? This book argues hiring one might actually damage your institution

Besuited jetsetters, armed with prestigious degrees and powerpoint slides, have infiltrated governments and corporations around the world. They claim to offer valuable expertise and fresh ideas. But don't be fooled! 

Read: Planet Money

21 March 2023

Consultancies Have Been the Handmaidens of Neoliberalism

Corporate consulting firms like McKinsey attribute their industry’s success to its capacity to increase efficiency and add value to the economy. In fact, there isn’t a single major act of state or corporate malevolence in our lifetime free of the big consultancies’ fingerprints.

Read: Jacobin

20 March 2023

"Keinen Tropfen mehr zu verschenken" ("Not a drop left to give away")

The world has an extreme water problem, says Mariana Mazzucato, author of the first world water report. How do you still distribute drinking water fairly when it's getting scarce?

Read: Die Zeit

17 March 2023

Mariana Mazzucato on how governments can take back control of their contracts

How can the government attract the country’s best minds to work for them? How do we know when a private sector contract is a good one? And what can we learn from NASA about business and efficiency? 

Listen: Ways to Change the World Podcast 

17 March 2023

Confronting the Global Water Crisis

Water-related challenges – whether there is too much or too little, or whether it is dirty and unsafe – are already fueling chronic food and health insecurity in entire regions. To safeguard this most fundamental natural resource, we urgently need a new, global strategy to govern water for the common good.

Read: Project Syndicate

17 March 2023

Governments are increasingly reliant on consulting firms. Critics says it's often to their detriment

"Why are governments getting fooled? And why are governments continually hiring and outsourcing their own knowledge and activities to the consulting firms? Even after, in many cases, dreadful scams, mistakes and so on," Professor Mariana Mazzucato told ABC RN's The Money.

Read: ABC News

15 March 2023

How Consultants Mangle Government

Consulting firms may promise expertise and efficiency, but their effects on public agencies have been disastrous, Mariana Mazzucato and Rosie Collington explain.

Read: The New Republic

14 March 2023

PS Commentators Respond: Can the US Rein in Big Tech?

In this Big Question, we ask Anu Bradford, Tim O’Reilly, Ilan Strauss, and Mariana Mazzucato, and Tommaso Valletti whether and how the US government can translate regulatory ambition into effective action.

Read: Project Syndicate

9 March 2023

'Bloomberg Surveillance: Early Edition' Full (03/07/23)

Bloomberg's Francine Lacqua interviews Mariana Mazzucato about her new book with Rosie Collington, The Big Con (watch from 8mins 40s)

Watch: Bloomberg TV

7 March 2023

Big Consulting’s New Con

ESG and sustainability are the latest manifestations of a tried-and-true strategy for the consulting industry.

Read: The American Prospect

6 March 2023

Newsnight - Could Corporation Tax rise harm the economy?

Mariana Mazzucato discusses tax and the UK economy with former chief secretary to the UK Treasury David Gauke and presenter Kirsty Wark (watch from 6mins 19s) 

Watch: BBC 2

6 March 2023

PW Picks: Books of the Week, March 6, 2023

Our favorite books coming out this week include new titles from Theresa Runstedtler, Jenny Odell, and Mariana Mazzucato and Rosie Collington.

Read: Publishers Weekly

3 March 2023

To succeed, Keir Starmer needs to be much more than “business friendly”

Labour should forge a new settlement that prioritises the common good over private profit.

Read: The New Statesman

3 March 2023

Falling house prices may seem like a good thing – but it’s renters who are paying the price

Josh Ryan-Collins: With first-time buyers unable to get a mortgage and landlords hiking up rents, it’s a vicious cycle

Read: The Guardian

3 March 2023

Consultants and the Crisis of Capitalism

Mariana Mazzucato and Rosie Collington: McKinsey & Company’s many high-profile scandals are only the tip of the iceberg. The growing reliance on big consultancies with extractive business models is stunting state capacity and undermining democratic accountability at a time when we need governments to help transform our economies in the public interest.

Read: Project Syndicate

2 March 2023

UK ministers promised to kick the consultant habit but they can’t: they’re addicted – and we pay the price

Mariana Mazzucato and Rosie Collington: While the axe falls on vital services across the country, a dependent Whitehall is still giving private consultants a blank cheque

Read: The Guardian

28 February 2023

The big consultancy con, with Mariana Mazzucato

Megan Gibson speaks to the economist and author Mariana Mazzucato, professor at the UCL Institute for Innovation and Public Purpose. The Big Con is her latest book, co-written with Rosie Collington, which exposes the consequences of governments’ dependency on consultancies such as McKinsey and Deloitte.

Listen: World Review from The New Statesman

27 February 2023

Economist explains why Britain's economy is set up to fail

Mariana Mazzucato speaks to Oli Dugmore from PoliticsJOE

Watch: PoliticsJOE YouTube channel

27 February 2023

Economist Explains How Government Wastes BILLIONS | Aaron meets Mariana Mazzucato

The management consultant industry is worth around a trillion dollars, yet few people on the street could discern exactly how that money is spent. Much of it is spent by governments with the UK leading the charge in contracting out a huge range of services to these huge, opaque companies. To discuss how we've ended up in this position, and what can be done about it, Aaron is joined by Mariana Mazzucato, co-author of 'The Big Con: How the Consulting Industry Weakens our Businesses, Infantilizes our Governments and Warps our Economies'.

Watch: Novara Media YouTube channel

26 February 2023

Reinventing public purpose

Sir Michael Marmot reviews The Big Con

Read: The Lancet

25 February 2023

Bad managers on brilliant pay: that’s why the UK’s not working

Productivity is much lower than in comparable countries, yet bosses just award themselves millions – and hire consultants

Read: The Observer

25 February 2023

Mariana Mazzucato: “Consultancies depend on weak governments”

The economist and author of The Big Con reflects on why capitalism is broken.

Read: New Statesman

22 February 2023

Calling the consultants’ bluff: The Big Con author on reining in the power of consulting firms

Rosie Collington is seeking to call the consulting sector’s bluff. The UCL researcher is on a mission to challenge the notion that “consultancies exist on the scale and scope they do today because they create value in the economy.”

Read: City A.M.

20 February 2023

The Big Con by Mariana Mazzucato and Rosie Collington: How consultants spoofed their way into everyone’s pockets

The Big Con is a shocking indictment of how, for decades, the consulting industry has made billions from public and private sources without providing much value for money. But it’s an equally damning verdict on those institutions that have handed over these fortunes.

Read: Irish Independent

18 February 2023

How consultancy infantilises governments: Mariana Mazzucato and Rory Sutherland in conversation

Mariana Mazzucato is a professor in the economics of innovation and public value at University College London. She speaks to The Spectator’s Wiki Man, Rory Sutherland, about the book she has co-authored with Rosie Collington, The Big Con: How the Consulting Industry Weakens our Businesses, Infantilises our Governments and Warps our Economies

Read: The Spectator

18 February 2023

The Big Con by Mariana Mazzucato and Rosie Collington review — how consultants took over the world

The swollen consulting sector has its tentacles in every crevice of business and government. Something needs to change, says Ed Conway.

Read: The Times

18 February 2023

The Big Con review — time to cut out the consultants

We’re spending ever more on advice from firms such as KPMG, Deloitte and McKinsey — but they’re making government stupid.

Read: The Times

18 February 2023

The Big Con by Mariana Mazzucato and Rosie Collington review – how consultancy firms cash in

From Puerto Rico’s bankruptcy to Britain’s Covid contracts, the private firms taking over public life

Read: The Guardian

16 February 2023

The Big Con — the case against consultancies

Mariana Mazzucato and Rosie Collington’s polemic on the need to draw a boundary between state and private activity — and rebuild public sector capability

Read: Financial Times

15 February 2023

How consultancy bleeds Britain dry

In The Big Con Mariana Mazzucato and Rosie Collington reveal how management consultants promise to fix governments but end up enfeebling them

Read: New Statesman

14 February 2023

Mariana Mazzucato: ‘The McKinseys and the Deloittes have no expertise in the areas that they’re advising in’

The economist argues that consultants are hobbling the state’s ability to perform the role of economic motor.

Read: Financial Times

14 February 2023

Trillion-dollar con trick: advice that makes things worse

In an extract from their forthcoming exposé, the economists Mariana Mazzucato and Rosie Collington argue that the consulting industry is weakening businesses and warping economies

Read: The Times

10 February 2023

Shoot for the moon

Mariana Mazzucato tells Chris Seekings why governments must take inspiration and courage from ‘moonshot’ projects when tackling the world’s greatest challenges.

Read: Transform Magazine

2 February 2023

A Long Way From Nuclear Fusion

Mariana Mazzucato on what governments get wrong about funding clean energy.

Read: Foreign Affairs

31 January 2023

For the Common Good

Tackling our biggest challenges and reversing the undue concentration of wealth and power will require a fundamental change in political economy. Currently, the principle of the common good is seen as merely a corrective for the current system’s excesses, but it should be the system's primary objective.

Read: Project Syndicate

27 January 2023

The books to read in 2023

FEBRUARY - The Big Con: How the Consulting Industry Weakens Our Businesses, Infantilizes Our Governments and Warps Our Economies by Mariana Mazzucato and Rosie Collington (Allen Lane)  Leading progressive economist and her co-author investigate the damage — poor innovation, lack of accountability — brought about by the over-reliance of governments and companies on consultants.

Read: The Financial Times

9 January 2023

To stop water crises, the world must value water as a global common good

The current water crisis is damaging our environments and livelihoods. We urgently need to renew the way we value and manage water, collectively.

Read: The Bartlett Review 2022

9 January 2023

Publishers' Weekly review: The Big Con

"Among other direct and persuasive solutions, the authors suggest the enhancement of conflict of interest disclosure requirements and empowering public sector organizations “to take risks.” Doggedly researched and elegantly written, this is a fascinating entry point into a critical yet underreported issue."

Read: Publishers' Weekly 

2 January 2023

2023 in books: highlights for the year ahead

February, nonfiction - The Big Con: How the Consulting Industry Weakens Our Businesses, Infantilizes Our Governments and Warps Our Economies by Mariana Mazzucato and Rosie Collington, Allen Lane: Political economists Mazzucato and Collington chart the inexorable rise of consulting, which thrives in an era of hollowed-out states and stripped-back firms.

Read: The Guardian

31 December 2022

Hatte Marx doch recht? (Was Marx right after all?)

Traditional capitalism no longer works. But driven by ever-new world crises and an impending climate collapse, concrete ideas for reform are emerging: less growth, more government targets. Mariana Mazzucato contributes to Der Spiegel's cover story.

Read: Der Spiegel

30 December 2022

AI in the Common Interest

Public policies and institutions should be designed to ensure that innovations are improving the world; but as matters stand, many technologies are being deployed in a vacuum, with advances in artificial intelligence raising one red flag after another. The era of light-touch self-regulation must end.

Read: Project Syndicate

26 December 2022

Building state capacity for a just energy transition

To maintain its credibility, the Just Transition Framework must be translated into meaningful action in 2023, including a sustained commitment to bold goals and investments to bolster government’s capabilities.

Read: Business Day

23 December 2022

Mariana Mazzucato: Unleash the state on the climate crisis

Mariana Mazzucato spoke to The Financial Times' Moral Money about states directing finance towards tackling climate change.

Read: The Financial Times

9 December 2022

Mariana without borders

What would it take to scale Mariana Mazzucato’s “mission thinking” to a global stage?

Read: Global Nation

6 December 2022

Rethinking the state

Can the public sector be a "sexy, edgy, crazy bureaucracy"? Highly respected economist and Professor at University College London, Mariana Mazzucato, thinks it's worth considering.

Listen: ABC Radio National

4 December 2022

Departmental budgets should align around core missions to set a purposeful direction of growth

The United Kingdom is in recession. The Autumn Budget reflected this sobering diagnosis of the country’s economic state and foreshadowed an Osbornesque turn to the austerity policies of the 2010s.

Read: The House

30 November 2022

Eko Prasojo pimpin UI dalam kolaborasi riset Islamic Public Values (Eko Prasojo leads UI in collaborative research on Islamic Public Values)

Professor of the Faculty of Administrative Sciences, University of Indonesia (FIA UI), Prof. Dr. Eko Prasojo, led the UI team in research collaboration in the field of Islamic Public Values to strengthen public services at the Institute for Innovation and Public Purpose (IIPP).

Read: Antara News

29 November 2022

Industrial strategy demands a new deal with the private sector

Governments must approach these partnerships as an opportunity to maximise public value.

Read: Financial Times

27 November 2022

The World Is Still Failing at Pandemic Preparedness and Response

The G20 and international financial institutions still have not created a pandemic preparedness and response framework capable of managing the next global health crisis. Fortunately, some low- and middle-income countries are pioneering new models for filling the gaps.

Read: Project Syndicate

18 November 2022

Pope Francis: 'Three world wars in one century: be pacifists!'

"And now I have put Mariana Mazzucato in the Pontifical Academy for Life. She is a great economist from the United States, I put her there to give a little more humanity to it. Women carry their own, they don't have to become like males. No! they are women, we need them. And a society that erases women from public life is a society that impoverishes itself."

Read: Vatican News

6 November 2022

Mariana Mazzucato: “Se piensa mucho en redistribución, en lugar de creación del valor” (Mariana Mazzucato: "A lot is thought about redistribution, instead of creating value")

Mariana Mazzucato spoke to Jorge Fontevecchia about the Latin American economy and how to make capitalism work.

Read: Perfil

5 November 2022

The Entrepreneurial State Must Lead on Climate Change

As a much-touted green alliance of financial institutions crumbles, the private sector has once again proven unequal to the task of climate leadership. The global transition to a net-zero economy simply will not happen at the pace that is needed unless states embrace their proper role as a market maker and investor in public goods.

Read: Project Syndicate

4 November 2022

Mariana Mazzucato speaks on Andrew Marr's LBC show about UK interest rate rises

Mariana Mazzucato breaks down 'dysfunctionalities' in the economic system which should be tackled instead of 'punishing consumers and families' who already face high costs of living.

Listen: LBC

3 November 2022

Innovationspolitik: Wie Bürokratien Innovationen schaffen (Innovation policy: How bureaucracies create innovations)

"Innovation and public administration do not have to be mutually exclusive, quite the opposite," Rainer Kattel tells Ina Bierfreund.

Read: Tagesspiegel

3 November 2022

Mariana Mazzucato speaks to CNN in Chile

CNN Chile's Orlando Silva interviews Mariana Mazzucato about her visit to Chile and discusses how her economic ideas can be implemented in the country.

Watch: CNN Chile

2 November 2022

Las reservadas dos horas de Mazzucato en el Laboratorio de Gobierno del Ministerio de Hacienda (The reserved two hours of Mazzucato in the Government Laboratory of the Ministry of Finance)

The famous mission economist visited the Laboratorio de Gobierno, an agency of the Ministry of Finance, on Friday morning, where she congratulated the State for activating innovation policies. 

Read: Ex-Ante

28 October 2022

Burla a la ciencia (Mock science)

Jorge Ivan Gonzalez' commentary on the concept of the Entrepreneurial State

Read: La Republica

28 October 2022

Mariana Mazzucato speaks to Alejandro Bercovich

A televised interview (in Spanish) on C5N in Argentina

Watch: C5N (via YouTube)

26 October 2022

Mazzucato elogió las misiones del plan Argentina Productiva 2030 (Mazzucato praised the missions of the Argentina Productiva 2030 plan)

The Secretary of Industry and Productive Development, José Ignacio de Mendiguren and the economist Mariana Mazzucato, met with the technical teams of the Plan Argentina Productiva 2030, which incorporates, they say, " unprecedented development concepts for a industrial plan in Latin America". 

Read: El Economista

26 October 2022

Businesses call for nature impact disclosures to be mandatory by 2030

"Mandatory [nature impact] disclosures will only be effective in addressing biodiversity declines if they rapidly translate into transforming nature-depleting business models," says Katie Kedward.

Read: The Guardian

26 October 2022

New Missions for Latin America

Strategic clarity is needed now more than ever to face both the immediate cost-of-living crisis and the longer-term structural challenges facing Latin America and the Caribbean. Policymakers will need a new narrative that puts innovation-led growth and an empowered, capable state front and center, writes Mariana Mazzucato.

Read: Project Syndicate

24 October 2022

‘No creo en el no crecimiento’: Mariana Mazzucato ('I don't believe in non-growth': Mariana Mazzucato)

Mariana Mazzucato is the fashionable economist in Colombia and in the world. Exclusively for Forbes Colombia, she spoke about her vision for the global energy transition and analyzed the strategies of central banks to face a recession that, in her opinion, could become a depression.

Read: Forbes Colombia

22 October 2022

Trussonomics is dead, but not before laying a trap for Labour

The defeat of free market ideology will be worthless if it results in a fear of public spending and an unquestioning faith in the markets, writes Josh Ryan-Collins

Read: The Guardian

18 October 2022

'Truss likely to be toppled immediately,' says former UK Tory minister

Christiane Amanpour speaks with Rory Stewart, former UK Conservative minister, and Mariana Mazzucato, Professor at the University College London, on the latest market turmoil and political chaos in Britain.

Watch: CNN

17 October 2022

In UK fallout, lessons for a world facing harsh economic realities

On Friday, battered by savage criticism, she retreated. Truss fired her top finance official, Kwasi Kwarteng, for creating precisely the package of unfunded tax cuts, billion-dollar spending programs and deregulation that she had asked for.

Read: New York Times, via Indian Express

15 October 2022

Mariana Mazzucato: Mission-oriented institutions for the climate transition

Although global climate commitments are important, they will not amount to much without the institutional foundation that the transition to a zero-carbon economy needs.

Read: Labour Tribune MPS

11 October 2022

Reasons to be Cheerful with Ed Miliband and Geoff Lloyd

Josh Ryan-Collins makes the wider case for public wealth funds, and how they help governments invest for the future and make sure that returns go back to citizens.

Listen: Podfollow

10 October 2022

Rosie Collington speaks to Al Jazeera

:An interview on the impact of public services cuts on people's health and wellbeing

Watch: YouTube

5 October 2022

Toward a Progressive Economic Agenda

Past policy failures and unmet populist promises represent an opportunity for progressive leaders. But to win power, they must articulate a coherent alternative economic-policy program, focusing not only on redistribution but also on wealth and value creation. Professor Mariana Mazzucato explores this for Project Syndicate.

Read: Project Syndicate

5 October 2022

Liz Truss wants to inflict more austerity on Britain – but there’s nothing left to cut

Instead of merely ‘trimming the fat’ from the public sector, this government seems intent on sinking the welfare state entirely, writes Rosie Collington.

Read: The Guardian

4 October 2022

«Wir haben sehr träge Staatsapparate, die nicht in die eigenen Köpfe investieren, sondern alles an McKinsey auslagern» (“We have very sluggish state apparatuses that do not invest in their own talent, but instead outsource everything to McKinsey”)

Professor Mariana Mazzucato advocates a "mission economy": the state should set the direction for innovations. She accuses the private sector of only looking for short-term gains.

Read: Neue Zürcher Zeitung

4 October 2022

Asia and the Pacific’s Developing Countries Need a Mission to Move Forward

As the region recovers from the pandemic there is an opportunity to rethink how development is undertaken and to deploy mission-oriented approaches to policy making, writes Rainer Kattel, with Susann Roth.

Read: Asian Development Blog

28 September 2022

Josh Ryan-Collins reacts to the latest UK Government budget

"There's no academic evidence that cutting taxes for the rich boosts employment, investment or growth." Associate Professor Josh Ryan-Collins shared his thoughts during an interview on TalkTV.

Watch: TalkTV

26 September 2022

Transforming the Economics and Governance of Water

Water-related crises around the world have shown that current systems of governance and economic organisation are unsuited for a world altered by global warming. Professor Mariana Mazzucato, Ngozi Okonjo-Iweala, Johan Rockström and Tharman Shanmugaratnam explore this topic in a Project Syndicate op-ed.

Read: Project Syndicate 

21 September 2022

BBC Radio 4 Today Programme 

Professor Mariana Mazzucato appears on BBC Radio 4 Today Programme to discuss the prospects of the UK 'mini' budget and why simplistic tax cuts will not induce growth, but simply increase inequality...again.

Listen: BBC Radio 4

20 September 2022

What Role Should Business Play in Society?

Professor Mariana Mazzucato explores this topic in a Harward Business Review article.

Read: Harvard Business Review

19 September 2022

Rewriting the Rules of Capitalism and Public Investment — with Mariana Mazzucato

Professor Mariana Mazzucato recently appeared on The Prof G Pod with Scott Galloway.

Listen: The Prof G Pod with Scott Galloway

15 September 2022

Failing the Pandemic Preparedness Test

After significant advocacy by poorer countries and civil society, the G20’s pandemic-preparedness fund is being designed to embody a more equitable and balanced governance model. But without adequate funding and much larger additional investments in health systems, the new fund will become just another burdensome distraction. Professor Mariana Mazzucato explores this topic in a recent Project Syndicate article.

Read: Project Syndicate

15 September 2022

Green Energy: Some Inconvenient Truths

How is the world going to get to net zero by 2050 and who is paying the bill? Professor Mariana Mazzucato thinks labelling it as a bill we all have to pay is misleading.

Listen: BBC

31 August 2022

England housing strategy could consume over 100% of the nation’s carbon budget

Professor Josh Ryan-Collins with the team of researchers explore a range of policies that could help the Government to meet England’s housing needs without transgressing environmental limits

Read: Envirotec

23 August 2022


Professor Mariana Mazzucato recently appeared on a Adam Buxton podcast episode where she explored how capitalism fails and how it can be made to work better by 'reimagining the state'.

Listen: Adam Buxton

12 August 2022

The world needs governments to take more risks

The world needs governments to take more risks, according to Professor Mariana Mazzucato

Watch: World Economic Forum

20 July 2022

An effective pandemic response must be truly global

The world needs a global pandemic preparedness and response strategy that is built on equitable and representative decision-making. But developing one will require the G20 and the World Bank to abandon their current "health for some" approach, according to Professor Mariana Mazzucato and Professor Jayati Ghosh. 

Read: Project Syndicate

20 July 2022

Keith Magee appointed as Chair of The Guardian Foundation’s board

IIPP Visiting Professor Keith Magee is appointed as Chair of The Guardian Foundation board. 

Read: The Guardian

19 July 2022

Mariana Mazzucato: leading a new type of economics

Jessamy Bagenal discusses the work of Professor Mariana Mazzucato on the WHO Council on the Economics of Health For All. 

Read: The Lancet 

16 July 2022

Six policies to restrain profits and get wages on track

While the UK economy is subject to the same global factors as other countries around the world – COVID-19 supply chain disruptions and the Russian invasion of Ukraine, for example – signs suggest it will do even worse than its competitors, according to Professor Mariana Mazzucato 

Read: The Times

16 July 2022

Economics made simple: 10 experts on where the cost of living crisis came from, and where it’s heading

What could / should the government be doing and will the crisis eventually bring down house prices? Professor Mariana Mazzucato and Associate Professor in Economics and Finance Dr Josh Ryan-Collins explore these areas in their recent Guardian article.

Read: The Guardian

16 July 2022

Going to the moon and back 

In the penultimate episode of this season from the Academy of Social Sciences, Professor Mariana Mazzucato invites Will Hutton to IIPP to explain how the public sector could be reshaped to benefit everyone.

Listen: The We Society Podcast (30 minutes and 22 seconds)

12 July 2022

Keith Magee appointed as Chair of The Guardian Foundation’s board

IIPP Visiting Professor Keith Magee is appointed as Chair of The Guardian Foundation board. 

Read: The Guardian

19 July 2022

How the G7 Could Help the Debt-Distressed

If G7 leaders are serious about helping low- and middle-income countries prepare for the next pandemic or address climate change, they have an odd way of showing it. As many developing countries hurtle toward a debt crisis, rich countries are failing to pull the levers that could help them avoid the worst.

Read: Project Syndicate

23 June 2022

BBC Newsnight

Professor Mariana Mazzucato appears on BBC Newsnight to discuss inflation and pay.

Watch: Newsnight (from 13:08 - 20:27)

22 June 2022

Moving beyond the rhetoric of purpose and building a truly multi-stakeholder approach

A guest op-ed from Mariana Mazzucato, professor in the economics of innovation and public value at University College London

Read: The Economist

21 June 2022

Is This What True Emancipation Looks Like?

As we celebrate Juneteenth, we should remember that our freedom is still incomplete, says Visiting Professor Keith Magee in his recent piece for The Root.

Read: The Root

19 June 2022

Carlota Pérez : "La jeunesse gaspille son talent dans la chimère des cryptomonnaies"

A specialist in innovation, IIPP Professor Carlota Perez explains how the digital revolution, associated with the ecological transition, could lead us to a "golden age".

Read: L'Express

12 June 2022

A New Model for African Health

'Despite inadequate international support and a lack of access to COVID-19 vaccines, African governments and regional institutions have acquitted themselves well in responding to the pandemic. The task now is to build on these successes, making “health for all” an overarching whole-of-government priority, according to Professor Mariana Mazzucato and Under-Secretary-General of the United Nations, Vera Songwe

Read: Project Syndicate

20 May 2022

Three lessons from countries that performed best in tackling Covid-19 challenges

Key factors in countries’ success during the pandemic are long-term investment in public health systems, mission-driven leadership and fiscal space, according to Professor Jayati Ghosh and Professor Mariana Mazzucato

Read: South China Morning Post

25 May 2022

Why the British state is a magic money tree

Government spending power is limited not by tax revenues or borrowing, but by the productive capacity of the UK economy and political will, according to Associate Professor in Economics and Finance Dr Josh Ryan-Collins

Read: The New Statesman

20 May 2022

Forget greenflation, central banks need to tackle fossilflation

Rate hikes will hit already financially constrained households and businesses, and exacerbate the cost-of-living crisis, according to IIPP Policy Fellow Katie Kedward

Read: Green Central Banking

19 May 2022

The Gender Pay Gap Is Wider Than You Thought 

Making women's unpaid care work count toward an economy for health 

Read: Think Global Health

11 May 2022

Global health should not be determined by pharma investors and shareholders

Professor Els Toreele explores what could go wrong when pharmaceutical company shareholders and investors shape the public health response to Covid-19. 

Read: Stat News

3 May 2022

How to Design a Pandemic Preparedness and Response Fund

With over two-thirds of the African continent still unvaccinated against COVID-19, it is clear that the global pandemic preparedness and response (PPR) regime remains seriously underfunded and lacking in resilient, effective delivery systems.

Read: Project Syndicate

20 April 2022

In the end, if you want to democratise the economy, you will need the state

Francesca Bria, president of the Italian National Innovation Fund, on the politics of cryptocurrencies, decentralisation, blockchain and the state.

Read: The New Statesman

1 April 2022

UCL Academic To Co-Chair Global Commission On The Economics Of Water

Prof Mazzucato to co-chair the newly launched Global Commission on the Economics of Water

Read: India Education Diary 

31 March 2022

Minister’s statement on Inclusive and Sustainable British Columbia report

Ravi Kahlon, Minister of Jobs, Economic Recovery and Innovation praises the report released by Professor Mariana Mazzucato on the StrongerBC Economic Plan titled 'Inclusive and Sustainable British Columbia: a mission-oriented approach to a renewed economy'.

Read: British Columbia

31 March 2022

The Context with Christian Fraser

Dr Josh Ryan-Collins on BBC world on the threat of interest rate rises for the market 

Watch: The Context (from 48:42 - 55:01)

31 March 2022

The stakes are high – America must take radical action now to guarantee equal voting rights for all

In this Q&A the Reverend Professor Keith Magee looks at how voting rights in the US became so vulnerable, and how a new 28th Amendment to the US Constitution establishing every American’s right to vote in free, fair, and transparent elections would protect these rights. 

Read: LSE Blogs

22 March 2022

What If Our Economy Valued What Matters?

In an economy that treats gross domestic product as the ultimate end, people and the planet are mere means, and much of the work that sustains society is ignored entirely. This status quo is not only pathological, unsustainable, and bad for our health; it is also entirely unnecessary.

Read: Project Syndicate

8 March 2022

The Biscay Model: innovation in taxation could advance the SDGs. An expert explains

Tax systems are a powerful tool to help finance advancement of the SDGs by mobilizing resources, redistributing wealth, and promoting sustainable consumption and production patterns.

Read: World Economic Forum

4 March 2022

The inclusive entrepreneurial state: collective wealth creation and distribution

How should the wealth that an economy generates be distributed?

Read: The IFS Deaton Review

3 March 2022

Can Democrats See What's Coming? 

Ezra Klein discusses the recent political landscape of the United States

Read: The New York Times

19 February 2022

Tokenization is the latest manifestation of what we can call super-financialization

'Of all the promises made in the name of Web3, two stand out as particularly radical and beneficial to democracy.'

Read: Shifter

18 February 2022

The anatomy of technology regulation

'The 2020s will undoubtedly be characterised by new technology regulation. But while today’s technologies are global, the rules governing their development and use are not.'

Read: The Jordan Times

10 February 2022

Mariana Mazzucato: governments must collaborate with private sector

The state should lead market innovations to address humanity's biggest problems, a renowned economist says.

Read: Radio New Zealand

2 February 2022

Big Tech Must Stop Hiding

A major reason why Big Tech firms have achieved such scale and become the gatekeepers to entire markets is that they have been able to obscure most of their financial and operating data, according to Professor Mariana Mazzucato and Ilan Strauss

Read: Project Syndicate

31 January 2022

BBC Hardtalk

Stephen Sackur speaks to the economist Mariana Mazzucato. Does her moonshot economics ignore some earthly realities?

Watch: BBC Hardtalk

27 January 2022

The stinginess of WHO members puts health at risk

Faced with a present dominated by the challenge of defeating the pandemic, it is necessary to increase contributions to the international organization that is best prepared to combat health threats, according to Professor Mariana Mazzucato and Ilona Kickbusch

Read: El Pais

11 January 2022

Rethinking technology policy and governance for the 21st Century

Today’s major technology firms wield huge social and political influence across the world to the point that their actions, and the content they host, is often seen as a direct challenge to national sovereignty and the norms and power structures that support states.

Read: Brookings

11 January 2022

Big Pharma must make profits, but not mega-profits

According to Professor Mariana Mazzucato, the policies in place work more at the service of Big Pharma which wants to maximize profits when they should be at the service of the populations.

Read: LeTemps

10 January 2022

Mariana Mazzucato on rethinking the state to improve partnerships

Current social movements and the willingness from businesses and governments to act can create a road ahead to address key issues facing the world.

Read: World Economic Forum

6 January 2022