In the Media

To get out of European dependence on Big Tech, we need a non-aligned digital policy (Pour sortir de la dépendance européenne aux Big Tech, il faut une politique numérique non alignée)

In this op-ed for Le Monde, IIPP Head of Research Cecilia Rikap and Cédric Durand address Europe’s increasing dependence on Big Tech. Drawing on insights from the Reclaiming Digital Sovereignty white paper, they advocate for a non-aligned digital policy aimed at enhancing Europe’s digital sovereignty.

Read: Le Monde

9 January 2025

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Martin Wolf interviews Mariana Mazzucato: Can the state innovate?

In this interview with Martin Wolf for the Financial Times Economics Show, Professor Mariana Mazzucato highlights the critical role of governments in fostering innovation. She emphasizes how mission-oriented approaches can drive public-private partnerships, stimulate long-term investment, and promote inclusive economic growth.

Listen: Financial Times Economics Show

30 December 2024

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How Global Public Investment Should Work

In this op-ed, Professor Mariana Mazzucato and Jonathan Glennie argue for a transformative approach to tackling global crises through a Global Public Investment (GPI) model. They highlight the urgency of addressing climate change and biodiversity loss by reframing international cooperation as a collective effort where all countries contribute, benefit, and make decisions together. By combining GPI with mission-oriented policies, they propose a bold framework to finance ambitious sustainability goals and build a fairer, more resilient world.

Read: Project Syndicate

19 November 2024

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How Cloud Giants Cement Their Power w/ Cecilia Rikap

In this podcast IIPP Head of Research, Cecilia Rikap discusses how tech giants dominate the cloud computing sector, shaping economies and influencing public infrastructure. Cecilia argues for proactive regulation and investment in public digital infrastructures to counter monopolistic practices and promote innovation aligned with societal needs.

Listen: Tech Won't Save Us on Patreon

18 November 2024

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Global Freshwater Supplies in the Balance

In this op-ed, Mariana Mazzucato and Johan Rockström emphasize the urgent need for COP16 biodiversity negotiations to deliver meaningful progress on ecosystem protection and the global water cycle. They argue that failure to act on climate change, biodiversity loss, and water stability will lead to devastating economic and social consequences. Highlighting the interconnectedness of these crises, the authors call for mission-driven policies and systemic changes to restore ecosystems and ensure sustainable freshwater supplies, advocating for inclusive, collaborative efforts to protect vital natural resources.

Read: Project Syndicate

7 November 2024

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Times letters: Challenges remain for a difficult budget 

Prof. Mariana Mazzucato alongside Lord O’Donnell, former permanent secretary of the Treasury; Lord O’Neill of Gatley, former chief economist of Goldman Sachs; Dr Mohamed El-Erian, former deputy director, IMF; Sir Anton Muscatelli, chairman, Royal Economic Society; and Professor Jonathan Portes, former chief economist, Cabinet Office highlight the importance of placing the public investment at the heart of its agenda the government has created an important foundation for long-term growth and fiscal sustainability in the letter to The Times editor.

Read: The Times

2 November 2024

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Reeves is ‘on the right track’ ahead of budget, says economics professor

Ahead of the UK Budget 2024, Prof. Mariana Mazzucato joined Ayshah Tull on Channel 4 News to discuss her support for a shift toward long-term investment strategies in both public and private sectors. Prof. Mazzucato emphasized the critical need for such an approach to drive sustainable growth, noting that the UK ranks lowest in the G7 for public investment and 28th in the OECD for private investment. This Budget, she argues, is an opportunity to channel patient finance toward addressing the country’s most urgent challenges.

Watch: Channel 4 News

27 October 2024

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What the G20 Can Do for Green Growth

In this Project Syndicate Op-Ed, Prof. Mariana Mazzucato and Dr. Vera Songwe, Co-Chair of High Level Expert Panel on Climate Finance call on the G20 to prioritize green growth and industrial strategy. They advocate for comprehensive global financial reforms to ensure a green, inclusive recovery, stressing the role of innovation and public value in sustainable development.

Read: Project Syndicate

23 October 2024

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Expertengremium berechnet enorme Kosten der Wasserkrise (Expert panel calculates enormous costs of the water crisis) 

In this article in the Die Zeit, Prof. Mariana Mazzucato addresses the global water crisis, linking it to climate change and unsustainable economic practices. She advocates for a mission-oriented approach to water management, urging policymakers and financial systems to treat water as a global common good rather than a commodity. This perspective builds on the recent report by the Global Commission on the Economics of Water, which calls for systemic reforms to tackle the water crisis.

Read: ZEIT

17 October 2024

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Half of all global food threatened by growing water crisis, report says 

In this article for NBC News, Prof. Mariana Mazzucato discusses the global water crisis and its impact on food security, highlighting findings from the Global Commission on the Economics of Water's latest report. She emphasizes the need for systemic change, including transforming food production systems and conserving natural resources, to address the escalating risks of water scarcity amid climate change.

Read: NBC News

17 October 2024

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Water Crises Threaten the World’s Ability to Eat, Studies Show

In this article in The New York Times, Prof. Mariana Mazzucato explores the critical link between water shortages and global food security. Drawing on insights from the newly launched report by the Global Commission on the Economics of Water, she stresses the urgency of addressing the water crisis through systemic reforms in agriculture, water management, and environmental conservation to mitigate the escalating risks to global food supplies.

Read: The New York Times

16 October 2024

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The system that moves water around the Earth is off balance for the first time in human history

In this article for the CNN, Prof. Mariana Mazzucato discusses the destabilization of the global water cycle and its impact on food production. She highlights the urgency of addressing climate change and water scarcity, advocating for a mission-oriented approach to water governance. This aligns with the recent report by the Global Commission on the Economics of Water, which calls for transformative policy and financial measures to restore balance to the global water system.

Read: CNN

16 October 2024

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Water Crisis Endangers 8% of GDP in High-Income Countries, Report Warns

In this article for Bloomberg, Prof. Mariana Mazzucato explores the economic risks posed by the global water crisis, noting that 8% of global GDP is at risk due to water shortages. She emphasizes the need for a mission-oriented approach to water management, building on insights from the Global Commission on the Economics of Water report, which calls for urgent systemic change to protect water resources and ensure global economic stability.

Read: Bloomberg

16 October 2024

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Global water crisis leaves half of world food production at risk in next 25 years

In an interview with Fiona Harvey, The Guardian's environmental journalist, Prof. Mazzucato discusses the final report of the Global Commission on the Economics of Water, co-chaired by Mariana Mazzucato, Johan Rockström, Tharman Shanmugaratnam, and Ngozi Okonjo-Iweala. The report calls for a new economic framework to address the global water crisis and highlights the risks to food production and economic stability due to mismanagement of water resources.

Read: The Guardian

16 October 2024

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FORO Global Entrevista a Mariana Mazzucato, una de las Economistas Más Influyentes (FORO Global Interview with Mariana Mazzucato, one of the Most Influential Economists)

During her trip in North America, Prof. Mariana Mazzucato speaks about how she perceives Mexico 's economy in an interview with NMAS FORO Global.

Watch: NMAS

13 October 2024

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La influencia de Mariana Mazzucato en innovación y política a nivel mundial (The influence of Mariana Mazzucato on innovation and politics worldwide)

In an appearance on Especiales Milenio TV, Prof. Mariana Mazzucato discussed Mexico’s economic future with Viri Ríos and Genaro Lozano, focusing on how to revitalise the country’s economy through a green industrial strategy. Prof. Mazzucato emphasized that addressing Mexico’s challenges—such as regional inequality and climate resilience—can serve as catalysts for innovation when tackled through ambitious policies that align public and private investment toward equitable green growth.

Watch: Especiales Milenio

13 October 2024

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Hora 25 de los Negocios Podcast with Mariana Mazzucato (Hora 25 Business Hour Podcast with Mariana Mazzucato)

In this Hora 25 Business podcast episode, Prof. Mariana Mazzucato spoke with Journalist Javier Ruiz.

Listen: Hora 25

12 October 2024

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Social landlords should have right of refusal on homes up for sale, report recommends

This Inside Housing article highlights IIPP's new policy report Reducing Investment Demand Key to Solving the UK's Housing Affordability Crisis by Prof. Josh Ryan-Collins which outlines bold reforms to address the UK housing affordability crisis.

Read: Inside Housing

11 October 2024

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A checklist for delivering the Sustainable Development Goals

In this podcast, IIPP's Kate Roll explains how SDG 17 is key to delivering the other 16 goals.

Listen: Nature

10 October 2024

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Mariana Mazzucato on BBC Radio 4's 'Political Thinking' with Nick Robinson

During the UK Labour Conference, Professor Mariana Mazzucato appeared on BBC Radio 4’s Political Thinking with Nick Robinson. In this in-depth interview, they discussed breaking the cycle of underinvestment in the UK and how a mission-oriented approach can drive sustainable growth and innovation.

Listen: BBC

23 September 2024

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Mariana Mazzucato on Channel 4 News with Cathy Newman

In her interview with Cathy Newman on Channel 4 News, Professor Mariana Mazzucato stressed that Labour’s investment plan needs to move beyond 'patchy policies.' She advocated for a more strategic, mission-oriented approach to tackle long-term challenges and drive sustainable economic transformation in the UK.

Watch: Channel 4 News

23 September 2024

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Mariana Mazzucato on BBC Question Time

During her appearance on BBC Question Time, Professor Mariana Mazzucato advocated for a cross-sector, challenge-driven industrial strategy. She highlighted the UK's chronic underinvestment in both the public and private sectors and called for bold, strategic policies to foster long-term economic growth and innovation.

Watch: BBC 1

19 September 2024

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Starmer needs optimism to beat the black hole — not fear

In this op-ed, Prof. Mariana Mazzucato warns that an obsession with the £20bn “black hole” could derail the UK Government’s vision. She explains how prioritizing deficit reduction may exacerbate the issue, while a mission-oriented industrial strategy—focused on innovation and growth—could drive investment and prosperity. This, however, hinges on a commitment to public investment.

Read: The Times

20 September 2024

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Letter: UK national renewal requires step change in public investment

A group of leading economists, including IIPP's Prof. Mariana Mazzucato, have signed a letter calling for a significant increase in public investment as essential for the UK’s national renewal.

Read: Financial Times

16 September 2024

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The Water-Security Crisis

In this Project Syndicate piece, IIPP's Director Prof. Mariana Mazzucato, alongside fellow Co-Chairs of the Global Commission on the Economics of Water—Ngozi Okonjo-Iweala (WTO), Johan Rockström (Potsdam Institute for Climate Impact Research), and Tharman Shanmugaratnam (President of Singapore) explore the destabilisation of the global water cycle and its far-reaching impacts across the globe. The article argues for a shift in focus from traditional 'blue water' resources (rivers and lakes) to include 'green water' (soil moisture and vapor) to address the growing water security crisis. 

Read: Project Syndicate

9 September 2024

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Advancing the economics of health for all

In a new Lancet article, IIPP Director Prof. Mariana Mazzucato and Dr. Tedros Adhanom Ghebreyesus, Director-General of the World Health Organization, argue that governments must prioritize the health and wellbeing of their populations as a core objective of economic policy. By aligning economic strategies with health goals, they advocate for a transformative approach that enhances global resilience to future health crises while improving wellbeing worldwide.

Read: The Lancet

6 September 2024

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Policy With A Purpose

In her article for IMF's F&D Magazine, Prof. Mariana Mazzucato argues that modern industrial policy goes beyond simply 'picking winners.' Instead, it's about setting clear objectives and proactively shaping markets to achieve them. She explores how this strategic approach can foster sustainable and inclusive growth.

Read: F&D Magazine

3 September 2024

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Carnival Economics

In this Project Syndicate piece, Prof. Mariana Mazzucato discusses how cultural events like the Notting Hill Carnival generate immense social and economic value, yet suffer from chronic underfunding. She argues that our current policy models are inadequate for capturing this dynamic value and advocates for a new approach to measuring the public value of the arts.

Read: Project Syndicate

22 August 2024

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Economic policy 'that dare not speak its name' could be Scots saviour

In this op-ed, Prof. Mariana Mazzucato and Laurie Macfarlane discuss how Scotland's new industrial strategy must match ambition with action, outlining how Scotland can build a more productive economy while tackling inequalities and transitioning to net zero.

Read: The Herald Scotland

19 August 2024

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Collective Intelligence and the Common Good

In this op-ed, Prof. Mazzucato argues that to reduce value extraction, we must embrace collective intelligence and develop new economics focused on the common good. Unless we rethink the narratives about value creation, innovation will continue to benefit only shareholders, rather than all stakeholders – from workers to the communities where businesses operate.

Read: Project Syndicate

5 August 2024

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Can Starmer’s mission-led government fix the economy?

In this episode of The Rest Is Money podcast, Prof. Mariana Mazzucato argues for a reset in the UK around public-private relationships. Access to public funding should be conditional on maximizing public value not just private profit.

Listen: The Rest Is Money

5 August 2024

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Warning Scotland will suffer unless SNP pour money into industry

The Times coverage of the report authored by Professor Mariana Mazzucato and Laurie Macfarlane, "A Mission-Oriented Industrial Strategy for Scotland: Framing Paper" jointly published by the UCL Institute for Innovation and Public Purpose (IIPP) and Future Economy Scotland, underscores a key point: industrial strategy isn't just about setting targets, it's about redesigning how government operates. The authors argue that Scotland needs new tools, institutions, and capabilities to drive a transformative green industrial strategy. 

Read: The Times

2 August 2024

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Ending the consultancy cult

Prof. Mariana Mazzucato and Rosie Collington comment on how cutting government consultancy spending is a step in the right direction and argue that this step goes hand in hand with rebuilding the UK's public sector capabilities so that we can tackle the country's biggest challenges. 

Read: The New Statesman

1 August 2024

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‘Consultorias infantilizam o Estado e impedem que ele lide com problemas do nosso tempo’, argumenta economista italiana ('Consultants infantilize the State and prevent it from dealing with the problems of our time', argues Italian economist)

In this interview, Prof. Mariana Mazzucato speaks about her book she co-written with her student Rosie Collington "The Big Con: How the Consulting Industry Weakens our Businesses, Infantilizes our Governments and Warps our Economies" on private influence in public power and argues that, instead of adding value, firms in the segment make the State precarious and perpetuate socioeconomic problems.

Read: O Globo

29 July 2024

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'A agenda de transformação econômica do Brasil tem um enorme potencial ', diz economista italiana ('Brazil's economic transformation agenda has enormous potential', says Italian economist)

Prof. Mazzucato as part of group of experts of the G20 Working Group for a Global Mobilization against Climate Change, stresses that governments need to redesign to work for people and the planet.

Read: O Globo

22 July 2024

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Starmer is too soft on business, says economist who inspired him

In this piece, Prof. Mariana Mazzucato spoke with The Times' editor, Mehreen Khan, arguing that the best way to be fiscally responsible is to stimulate the economy. She also discussed the UK Labour government's economic strategy and the potential for mission-oriented policy.

Read: The Times

19 July 2024

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Can Britain’s “mission-led” government defy gravity?

Prof. Mariana Mazzucato speaks about missions and how their implementation requires a new relationship between government, business and labour with the state actively shaping markets and directing innovation. She focused on the importance for the new UK Government to break down silos and invests in public sector capabilities.

Read: The Economist

18 July 2024

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‘We have to rethink the narrative’: Mariana Mazzucato on how Labour should address an era of crisis

Prof. Mariana Mazzucato shared insights with City AM on the UCL Institute for Innovation and Public Purpose (IIPP) global work on mission-oriented innovation policy, wealth funds, and outcomes-oriented procurement. She outlines how the new Labour government can learn from these insights to drive growth and address the UK’s key challenges.

Read: City AM

17 July 2024

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What Labour Needs to Succeed

In this Project Syndicate piece, Prof. Mariana Mazzucato and Sarah Doyle speak about how The UK's new National Wealth Fund can contribute to a fairer and greener future - if it is designed to channel patient capital toward projects aligned with the UK Labour Party government’s five missions, and to ensure that public investments are structured to share rewards as well as risks. 

Read: Project Syndicate

15 July 2024

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The great renewal

In this interview for Prospect, Prof. Mariana Mazzucato argues that Labour's fiscal rules risk delaying vital investments. We can't wait for growth to invest - it's like waiting for a car to move before adding fuel. Investment-led growth is key to expanding productive economic capacity.

Watch: Prospect

10 July 2024

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The star economist who inspired Sir Keir Starmer’s ‘missions’

In this interview with the Telegraph, Prof. Mariana Mazzucato argues that using the language of missions isn't enough. For the new UK government to truly be mission-driven, we need concrete goals that transform how government operates.

Watch: The Telegraph

7 July 2024

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Econome Mariana Mazzucato: “Snoeien om te groeien? Dat is het domste wat je als overheid kunt doen” (Economist Mariana Mazzucato: “Pruning to grow? That’s the dumbest thing you can do as a government”)

In this interview for De Standaard, Prof. Mariana Mazzucato argues that austerity does not drive growth. She provides an overview of the work done at the Institute for Innovation and Public Purpose demonstrating how strategic state investment can lead to inclusive and sustainable growth.

Watch: De Standaard

6 July 2024

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Mazzucato:"Si Elon Musk dice 'tío Sam, no habría podido hacerlo sin ti', cambia todo" (Mazzucato: "If Elon Musk says 'Uncle Sam, I couldn't have done it without you', it changes everything")

In this interview with Justo Barranco for La Vanguardia, Prof. Mariana Mazzucato talked about the need for an economy oriented towards objectives, goals and missions, and how to build a system to achieve them.

Read: La Vanguardia

1 July 2024

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Milei's ‘twin extractivism’ reforms threaten Argentina and the planet

In this Open Democracy opinion piece, Cecilia Rikap speaks argues how Argentina’s debt will grow as Big Tech extracts data and knowledge are forcing state to abuse nature to pay it off.

Read: Open Democracy

28 June 2024

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RNE mornings with Íñigo Alfonso

In this Radio Nacional morning with Íñigo Alfonso, Prof. Mariana Mazzucato analyses the current economic situation and how it should look to the future, taking an innovative and efficient look. 

Listen: Radio Nacional

27 June 2024

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Mariana Mazzucato, la economista que basa sus ideas en la llegada del hombre a la Luna

This interview with Noticias Cuatro provides an overview of Prof. Mariana Mazzucato policy engagement in Spain by meeting with Spanish Minister of Health, Monica Garcia and Spanish PM Pedro Sánchez. Using the Moon landing as a term of comparison, in terms of innovation effort, Prof. Mazzucato says that the problems we have are more difficult than landing on the Moon . They are more difficult because it is not just a technological challenge, it is also one of organisation, social change, regulation, behaviour. 

Watch: Noticias Cuatro

26 June 2024

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Britain needs to grow again

In this New Statesman piece, Prof. Mariana Mazzucato argues that the UK is stuck in a cycle of underinvestment that hurts its economy and people and that to break free, we need a government ready to reimagine its role in shaping a new economic trajectory for the UK.

Read: New Statesman

19 June 2024

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Extending the Sustainable Development Goals to 2050 — a road map

Prof. Mariana Mazzucato joins Johan Rockström, DrjeffreySachs, Francesco Fuso Nerini and others in their call for a renewed effort to tackle the SDGs as the 2030 deadline looms with just 20% of targets on track. 

Read: Nature

17 June 2024

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What Camden reveals about Keir Starmer’s mission for government

The Economist reviews IIPP's work with Camden Council - “What Camden reveals about Keir Starmer’s mission for government”. Read our full report here.

Read: The Economist

11 June 2024

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Economic Shortsightedness Is Jeopardizing Italy’s G7 Ambitions

In this Op-Ed, Prof. Mariana Mazzucato and Giovanni Tagliani note that although IMF News has recognized that austerity does not reduce debt-to-GDP ratios, European policymakers still cling to obsolete fiscal rules that push governments to sell their national assets.

Read: Project Syndicate

10 June 2024

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CTM 8: Incubating Curiosity & Behavioral Science with Bridget Gildea

In this podcast, Bridget Gildea leader of our Applied Learning Programme, speak to the importance of curiosity in policymaking and how that informs the co-learning process at IIPP. 

Listen: Curiosity That Matters

10 June 2024

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What Comes After Neoliberalism?

In this Op-Ed, Prof. Mariana Mazzucato joins Dani Rodrik, Joseph E. Stiglitz, Mehrsa Baradaran, Anne Osborn Krueger and Michael R. Strain in a discussion on whether the neoliberal era is ending – and if so, what will follow. 

Read: Project Syndicate

4 June 2024

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The ugly truth behind ChatGPT: AI is guzzling resources at planet-eating rates 

In this article for The Guardian, Prof. Mariana Mazzucato delves into the crucial necessity of implementing carbon disclosures within the supply chain of AI and the broader tech sector.

Read: The Guardian

30 May 2024

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The Economics of Health for All

In this Project Syndicate Op-Ed, Prof. Mariana Mazzucato argues that to avoid future pandemics, we must design economies to prioritise the mission of achieving Health For All. The fact that member states at the 77th World Health Assembly (WHA) in Geneva have passed the year's Resolution on the Economics of Health for All it is an important step in this direction.

Read: Project Syndicate

28 May 2024

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"Las consultoras han infantilizado a los gobiernos en un sistema que es estúpido" ("Consultants have infantilized governments in a system that is stupid")

In her interview with the Spanish online newspaper El Confidencial, Prof. Mariana Mazzucato underscores the detrimental effects of consultants on governments, describing the system as fundamentally flawed and infantilizing.

Read: El Confidencial

28 May 2024

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La economista que susurra a los gobernantes progresistas del mundo: "Me alegra mucho que España se haya resistido a girar a la extrema derecha" (The economist who whispers to the progressive rulers of the world: "I am very happy that Spain has resisted turning to the extreme right")

In this interview with the Spanish newspaper El Mundo, Prof. Mariana Mazzucato highlights a critical problem within the consulting industry: despite generating $1 billion annually worldwide, many consulting firms frequently lack genuine expertise in the areas where they offer advice.

Read: El Mundo

27 May 2024

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Opinion: America vowed to desegregate its schools. This is what happened instead

On the 70th anniversary of Brown v. Board of Education, which marked the end of legalised racial segregation in US schools, IIPP Visiting Professor in Cultural Justice Keigh Magee explores both the progress and injustices that have followed in his latest op-ed.

Read: CNN

15 May 2024

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This is a bold opportunity to refocus Australia’s economy

In this Op-Ed, Prof. Mariana Mazzucato reflects on her recent work in Australia, sharing insights from her discussions with Australian leaders. She offers strategies to realise the potential of the Future Made in Australia Act, which could drive growth that benefits both people and the planet.

Read: The Australian Financial Review

13 May 2024

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What Mission-Driven Government Means

In this Op-Ed for Project Syndicate, Prof. Mariana Mazzucato and Prof. Rainer Kattel dive into what a mission-driven government may look like. Missions are not top-down planning exercises but rather ambitious, clearly articulated goals achieved through myriad policies and programs based on experimentation and partnerships.

Read: Project Syndicate

7 May 2024

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Biden’s Incomplete Industrial Policy: How to Finish Building an Economy That Works for Everyone

In this Op-Ed, Prof. Mariana Mazzucato and Sarah Doyle argue that building the US economy from the “middle out and bottom-up” will require the next phase of US industrial strategy to tackle the financialization of the corporate sector head-on.

Read: Foreign Affairs

6 May 2024

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Mariana Mazzucato — a moonshot guide to changing capitalism

In this ABC Radio National broadcast, Prof. Mazzucato spoke about her moonshot approach to industrial policy.

Listen: ABC RN

29 April 2024

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Central Banks in a Cashless World 

In this Op-Ed, Prof. Mariana Mazzucato and Associate Prof. David Eaves suggest that central banks can do more than just maintain financial stability and discuss how central banks can play a key role in shaping markets and generating public value by carefully designing digital payment systems.

Read: Project Syndicate

26 April 2024

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Labor’s interventionist industry policy aims big. But how can Australia compete with the US and China? 

In this interview, Prof. Marianna Mazzucato discusses the importance of directing government programs towards fostering transformational change, as opposed to just giving billionaires and their industries a subsidy.

Read: The Guardian Australia

13 April 2024

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To understand the risks posed by AI, follow the money

In this article, Prof. Mariana Mazzucato, Tim O'Reilly, Ilan Strauss and Rufus Rock explore the intricate economic dynamics that may hinder AI's full potential. From the powerful influence of algorithms to the pitfalls of enshittification, they delve into critical issues shaping the future of artificial intelligence.

Read: The Conversation

10 April 2024

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How to Save the Pandemic Treaty

In this op-ed, Prof. Mariana Mazzucato argues that for the pandemic treaty to succeed, equity needs to be prioritised. As shown in the work of the WHO Council on the Economics of Health For All, which she chairs, we need a new approach to how health is valued, produced, and distributed in our economies.

Read: Project Syndicate 

25 March 2024

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The Rest is Money episode with Mariana Mazzucato 

On this The Rest is Money podcats episode, Prof. Mariana Mazzucato spoke about Labour's financial rules, the need for new progressive economics, potential of UK’s innovation agency and more.

Listen: The Rest is Money

22 March 2024

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Curiosity That Matters Podcast with Rainer Kattel 

Listen to the Curiosity That Matters Podcast episode with Prof. Rainer Kattel where he talks about the new book he co-authored with Wolfgang Drechsler and Erkki Karo "How to Make an Entrepreneurial State".

Listen: Curiosity That Matters Podcast

21 March 2024

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Mariana Mazzucato on BBC 4

In this BBC 4 episode, Prof. Mariana Mazzucato discusses the challenges the UK economy is facing and shares suggestions on what Labour party can do to fix it.

Listen: BBC 4

19 March 2024

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Mariana Mazzucato on Tonight with Andrew Marr 19/03

Listen to Prof. Mariana Mazzucato on LBC Tonight with Andrew Marr where she discusses current challenges in the UK economy and the need for new economic thinking.

Listen: LBC Tonight with Andrew Marr 

19 March 2024

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What big economic ideas is Jim Chalmers considering for the 2024 budget? Mariana Mazzucato on ABC News

In this interview, Prof. Mariana Mazzucato reflects on her work in Australia. She explains the importance of rethinking partnerships between the public and private sectors, highlighting their potential to reshape economies for the collective good.

Watch: ABC News

11 March 2024

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Governments Must Shape AI’s Future

In this Project Syndicate piece, Prof. Mariana Mazzucato and IIPP’s Ph.D. Candidate Fausto Gernone urge governments to step in to ensure that technology is designed and brought to market in ways that will serve the common good.

Read: Project Syndicate

11 March 2024

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What Is AI’s Place in History?

In this Project Syndicate piece, IIPP's Honorary Prof. Carlota Perez challenges the prevailing narrative surrounding artificial intelligence (AI), urging us to view it not as a standalone revolution, but as a pivotal component of the ongoing technology revolution. 

Read: Project Syndicate

11 March 2024

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Chalmers gets a face-to-face with his favourite economist

In this article, Prof. Mariana Mazzucato stresses the importance of government leadership to drive a broader green transition and how Australia can transform its challenges into opportunities through a green industrial strategy. 

Read: Financial Review

10 March 2024

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El algoritmo y sus descontentos: Instagram y Facebook no solo son plataformas adictivas, sino también perjudiciales para el bienestar de los menores (The algorithm and its discontents: Instagram and Facebook are not only addictive platforms, but also harmful to the well-being of minors)

In this Op-Ed, IIPP’s Prof. Mariana Mazzucato and IIPP Senior Research Fellow Ilan Strauss discuss the urgent need for new governance structures for artificial intelligence (AI) and digital environments aimed at the common good and better regulations to punish rent-seeking behaviours that only seek to maximize short-term profits and harm us all.

Read: El Pais

10 March 2024

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Economist Mariana Mazzucato on how to fix capitalism

In this engaging interview for The Saturday Paper with Emily Barrett, Prof. Mariana Mazzucato discusses the misleading divide between the public and private sectors, the excessive rents in the pharmaceutical industry and why the central theme of her forthcoming book will be ‘the common good’.

Read: The Saturday Paper

9 March 2024

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Sunak and Hunt’s last stand? Our panel responds to the Tories’ spring budget

In this article, Prof. Mariana Mazzucato comments on the 2024 budget discussion. She argues that the Conservatives are out of ideas, but also that Keir Starmer’s response must be more ambitious than riding on Tory failures. 

Read: The Guardian

6 March 2024

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Mariana Mazzucato on BBC Radio 4 Today

In anticipation of the 2024 budget deliberations, Prof. Mariana Mazzucato argues that fiscal credibility and budget responsibility cannot only be assessed in the short-term - investment requires long-term thinking. It's time for long-term directed green investment to build the UK's productive capacity!

Listen: BBC Radio 4 Today

4 March 2024

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The Algorithm and Its Discontents

In this op-ed, Prof. Mariana Mazzucato and IIPP Senior Research Fellow Ilan Strauss advocate for the urgent need to establish governance structures to ensure that algorithms and digital markets operate for long-term value creation.

Read: Project Syndicate

28 February 2024

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Prof. Mariana Mazzucato at Politics Live

In this episode of BBC Politics Live, Prof. Mariana Mazzucato shared her thoughts and an economic steer on today’s political news and emphasised the critical importance of robust public investment to end the over-reliance on consultancies of our governments and public services.

Watch: BBC Politics Live

27 February 2024

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Political Thinking with Nick Robinson

In this podcast, Prof. Mazzucato calls for global leaders to adopt a mission-focused framework that works to transform society for the better.

Listen: BBC Radio 4

24 February 2024

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Vatican hosts conference on technological progress and human identity

Prof. Mazzucato met with Pope Francis and gave a lecture to the Pontifical Academy of Life, of which she is a member. She presented her recent paper Governing the Economics of the Common Good: from Correcting Market Failures to Shaping Collective Goals, which advances a new framing of the common good – as both setting shared goals and working out how to achieve them.

Read: Vatican News

12 February 2024

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„Darüber habe ich mit Habeck nie gesprochen“ (“I never spoke to Habeck about that”)

Prof. Mazzucato speaks of Germany’s need for investment-led growth with a green and inclusive direction to jumpstart its economy and respond to last year's 0.3% GDP contraction.

Read: Frankfurter Allgemeine

11 February 2024

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Latin America’s private sector is failing the region, economist Mazzucato warns

IIPP's Prof. Mariana Mazzucato highlights that in 2022, public and private investment in LATAM constituted merely 20% of the GDP, a figure falling short of the 23% observed in high-income economies and the substantial 40% in Asia. She questions this shortcoming since the region presents vast economic prospects ripe for investment, innovation, and collaboration, particularly in sectors such as climate and biodiversity conservation.

Read: Financial Times 

10 February 2024

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Mariana Mazzucato, en Noticias Caracol: ¿cuál debe ser el rol del Estado en la economía? (Mariana Mazzucato, in Noticias Caracol: what should be the role of the State in the economy?) 

In this interview, Prof. Mariana Mazzucato delves into a thought-provoking discussion with Camila Zuluaga, a journalist from Noticias Caracol, exploring how Colombia's challenges can serve as catalysts for promoting inclusive and sustainable growth.

Watch: Noticias Caracol

4 February 2024

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"El Estado no debe corregir los mercados, debe formarlos”( Mariana Mazzucato, economist: “The State should not correct the markets, it should form them”) 

During a busy week of high-level engagement with the Colombian government in Bogota, IIPP Director Prof. Mazzucato spoke to Juan Esteban Lewin from the El Pais America Columbia about the need for ambitious governments to build capacity and capabilities to deliver on their agendas and how these issues have been discussed in her latest book The Big Con (EL GRAN ENGAÑO) co-authored with IIPP PhD Student Rosie Collington. 

Read: El Pais America Columbia

29 January 2024

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"No hay redistribución sin economía sostenible” (There is no redistribution without a sustainable economy 

During her engagement at the Hay Festival in Cartagena, Columbia, IIPP Director Prof. Mariana Mazzucato spoke to José Manuel Acevedo, Director of Noticias RCN, about 'PREDISTRIBUTION' as well as 'REDISTRIBUTION'; focusing on how we need to get our economy right from the start so we don't have to pick up the pieces later.

Read: Noticias RCN

28 January 2024

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How to Make the Green Economy a Just Economy

The world does not need to choose between good jobs and a green economy. In this op-ed, Prof. Mariana Mazzucato and IIPP Visiting Professor of Practice, Damon Silvers, argue that Climate action should be put at the heart of any broader agenda for innovation, growth and employment. They explore how the UAW strikes underscore the urgency of an economy-wide transformation to address climate change.

Read: Foreign Affairs 

24 January 2024

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Digital public infrastructures with David Eaves 

In this Podcast, IIPP Deput Director, David Eaves, discuss society-wide, digital capabilities that are essential to participation in society and markets as a citizen, entrepreneur, and consumer in a digital era. 

Read: Talking About Platforms

24 January 2024

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No more ‘Big IT’: the failed 90s model has ruined too many lives 

IIPP Visiting Professor of Practice and global digital leader, Mike Braken, discusses the Post-Office Horizon Affairs and challenges governments’ practices of procuring big IT consultancies to run entire national services instead of designing services with a “test and learn” approach that adapts as user needs and behaviour change.

Read: Financial Times 

23 January 2024

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El capitalismo de monopolios intelectuales al descubierto (Intellectual Monopoly Capitalism Uncovered)

In this interview, IIPP Head of research and Associate Professor in Economics, Cecilia Rikap, outlines the key concepts of her book Capitalism, Power and Innovation. Intellectual Monopoly Capitalism Uncovered

Read: Radio Con Vos  

23 January 2024

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A nova estrategia industrial brasileira (A new Brazilian Industrial Strategy) 

In this op-ed, Prof Mazzucato outlines how the new Brazilian Industrial Strategy marks a big departure from traditional approaches, setting a bold direction that aligns economic, social and climate goals; in line with her recent report Challenges and opportunities for Brazil.

Read: Valore Economico 

22 January 2024

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No more ‘Big IT’: the failed 90s model has ruined too many lives 

IIPP Visiting Professor of Practice and global digital leader, Mike Braken, discusses the Post-Office Horizon Affairs and challenges governments’ practices of procuring big IT consultancies to run entire national services instead of designing services with a “test and learn” approach that adapts as user needs and behaviour change.

Read: Financial Times 

20 January 2024

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A Progressive Green Growth Narrative

In this op-ed, Prof. Mariana Mazzucato put forward a counternarrative to the false dichotomy between economic prosperity and environmental sustainability. This new narrative is needed by the progressive force that are building the political support to succeed in implementing a the green transition. 

Read: Project Syndicate

19 January 2024

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Governo deve mirar no resultado de políticas e não em indicadores macroeconômicos, diz influente economista (Government should aim at the result of policies and not and not at macroeconomic indicators, says influential economist)

Ahead of the new Brazilian Industrial Strategy launched by the Brazilian Government on Monday 22 of January, Prof. Mazzucato outlines the key points of her recent report Challenges and opportunities for Brazil, focusing on what it will take to realise the strategy’s potential to catalyse investment, innovation and inclusive, sustainable growth.

Read: Valore Economico 

18 January 2024

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The Threat of Persuasive AI

IIPP Policy Associate Mark Esposito and IIPP PhD Student Josh Entsminger highlight the urgent need for a comprehensive ethical and regulatory framework to curb the potential harm caused by generative AI deployed for persuasion especially if deployed for malicious attempts at social engineering. 

Read: Project Syndicate

3 January 2024

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There Is No Alternative to Green Industrial Strategy

In this op-ed, Prof. Mariana Mazzucato and MP Greg Clark outline the need for the UK to implement an inclusive green industrial strategy and how sustainable practices can be woven into how we consume, move, invest and build.

Read: Project Syndicate

18 December 2023

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Critical or concerning? Cop28 debates role of carbon markets in climate crisis

In this insightful analysis piece for The Guardian, Patrick Greenfield and Fiona Harvey comprehensively explore the debates surrounding carbon markets at COP 28, including the all-women panel discussion organised by IIPP's Prof. Mariana Mazzucato. 

Read: The Guardian

13 December 2023

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Water is vital to climate and nature protection. Will it last?

In the COP 28 focused Op-ed, Prof. Mariana Mazzucato, Ngozi Okonjo-Iweala, and Johan Rockström, Co-Chairs of the Global Commission on the Economics of Water, argue that to solve the climate crisis we need to tackle the global water crisis and manage the global water cycle as a common good.

Read: Context

10 December 2023

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Water and the High Price of Bad Economics

IIPP Director Prof. Mariana Mazzucato joins Nicholas Stern, Partha Dasgupta and Global Commission on the Economics of Water co-chair Johan Rockström to emphasise how our water, climate and biodiversity crises are deeply linked and why we need a global action agenda around water.

Read: Project Syndicate

1 December 2023

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A Climate Summit Begins With Fossil Fuels, and Frustration, Going Strong

IIPP Director Prof. Mariana Mazzucato spoke to David Gelles, climate reporter for the New York Times and discussed the unique challenges faced by lower-income countries in financing climate action, a relevant topic of discussion at COP 28.

Read: The New York Times

30 November 2023

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Towards Sovereign AI: Europe´s greatest challenge?

In this op-ed, IIPP Honorary Professor Francesca Bria outlines the reasons why it is crucial for  Europe to cultivate its own technology sector and support open, sovereign, and independent solutions that align with European values and needs. The EU should bolster investments in research, innovation, and digital public infrastructures. By upholding ethical standards, applying strategic subsidies, and practising smart procurement, Europe can establish itself as a leader in a technology landscape where innovation serves the public good. 

Read: EURACTIV/Foundation for European Progressive Studies

30 November 2023

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‘Enough of endless delays’: will Cop28 force a course change for the world?

In this interview with Fiona Harvey, The Guardian's Environment editor, Prof. Mariana Mazzucato stressed that the world does not lack the quantity of finance, but that we are not directing it in the right way. What we are lacking is quality of finance – finance that is long-term, patient and mission-oriented.

Read: The Guardian

29 November 2023

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Who are the polluter elite and how can we tackle carbon inequality?

In this interview with Fiona Harvey, The Guardian's Environment editor, Prof. Mariana Mazzucato addresses the questions about who the polluter elite are and how we can tackle carbon inequality. She points out that countries in the Global South face what the Prime Minister of Barbados, Mia Mottley, calls a ‘double jeopardy’ – the prosperity of Global North has been achieved at the expense of the Global South, which now bears the brunt of the climate crisis.

Read: The Guardian

22 November 2023

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Mazzucato: «Le società di consulenza privatizzano i governi (Consulting firms privatise governments)

Editorial on the launch of the Italian edition of Prof. Mariana Mazzucato and Rosie Collington's book "The Big Con: How the Consulting Industry Weakens our Businesses, Infantilizes our Governments and Warps our Economies".

Read: il manifesto

22 November 2023

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Prof. Mariana Mazzucato at BBC Newsnight

Prof. Mariana Mazzucato at BBC Newsnight puts the emphasis on taxing capital gains taxes as a tool to achieve long-term growth.

Watch: BBC Newsnight

21 November 2023

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How taxpayers grow the private sector: Mariana Mazzucato

In this interview for CNBC's The Bottom Line, Prof. Mariana Mazzucato focuses on why solving our biggest challenges isn't about big government versus small government. She instead argues that it’s about how government works with business, workers and citizens to deliver the outcomes we need. 

Read: CNBC, The Bottom Line

16 November 2023

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We won’t tackle the climate crisis unless we transform the financing 

In this op-ed for the Financial Times, Prof. Mariana Mazzucato argues for the need to put our climate targets at the centre of how we design finance. She outlines how public finance - including $22.5T held by public development banks - can be redesigned to transform climate challenges into investment pathways. There is plenty of finance, but the direction is wrong; what counts is not just about QUANTITY but QUALITY of finance.

Read: Financial Times 

16 November 2023

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Attenti allo strapotere delle società di consulenza. Il nuovo saggio di Mariana Mazzucato (Beware of the excessive power of consultancy firms. The new essay by Mariana Mazzucato)

Editorial on the launch of the Italian edition of Prof. Mariana Mazzucato and Rosie Collington's book "The Big Con: How the Consulting Industry Weakens our Businesses, Infantilizes our Governments and Warps our Economies".

Read: La Repubblica

9 November 2023

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How Oil-Rich Colombia Is Trying to Go Green

Prof Mariana Mazzucato speaks in the Foreign Policy about Colombia’s green industrial strategy and how it can drive a broader socio-economic transformation agenda.

Read: Foreign Policy

7 November 2023

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The big con: how the consulting industry weakens our businesses, infantilizes our governments and warps our economies

Book review of Prof. Mariana Mazzucato and Rosie Collington's "The Big Con" in the International Affairs Journal.

Read: International Affairs Journal

6 November 2023

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We must stop AI replicating the problems of surveillance capitalism

Prof. Tim O'Reilly outlines the research developed with Prof. Mariana Mazzucato and Dr Ilan Strauss on Algorithms Rents in an interview with Rana Foroohar.

Read: Financial Times

6 November 2023

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Mariana Mazzucato, la economista italoamericana que elogió el Papa Francisco, habló de las propuestas de Milei (Mariana Mazzucato, the Italian-American economist praised by Pope Francis, spoke about Milei's proposals)

Prof. Mariana Mazzucato discusses about changing course in Argentina towards investment-led growth with a direction: inclusive and sustainable; and the dangers of populist ideological policies. 

Read: Infobea

3 November 2023

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Unlocking Health Technology’s Potential for All

Prof. Mariana Mazzucato discusses why health innovation must serve the common good and how improved access to crucial technologies like mRNA must happen through redesigned IP rules, industrial policies, along with patient & sufficient finance.

Read: Project Syndicate

24 October 2023

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Inteligencia artificial: reemplazo, hibridación… ¿progreso? (Artificial intelligence: replacement, hybridization… progress?)

In the Nueva Sociedad article, Cecilia Rikap, the Head of Research at the Institute for Innovation and Public Purpose (IIPP) delves into the political economy of the development of Artificial Intelligence. She underscores the need to not only on think about how AI is used, but also on how it is produced and who benefits from it.

Read: Nueva Sociedad

17 October 2023

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Britain’s Housing Crisis: What Went Wrong?

Listen to the BBC interview with politicians, policy professionals and academics, including IIPP's Prof Josh Ryan-Collin.

Listen: BBC

17 October 2023

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How governments can develop the capabilities to solve the 21st century’s sustainability challenges

IIPP's PhD student Rosie Collington talks about her book "The Big Con" on the European Society for Ecological Economics' podcast, highlighting the role of large consulting firms in slowing climate action. 

Listen: Economics for Rebels

17 October 2023

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Algorithms are hiring and firing us now – but tougher EU laws could protect workers

Read The Guardian's opinion piece by Prof Francesca Bria on algorithms relating to workers and how EU laws could protect them.

Read: The Guardian

12 October 2023

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Rachel Reeves’ slowly-slowly growth strategy won’t provide the billions public services need now

IIPP's Associate Professor Josh Ryan-Collins shares his opinion on Labour plans for state-led capital investment.

Read: The Guardian

10 October 2023

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Tonight with Andrew Marr

Listen to LBC show with Andrew Marr and Prof Mariana Mazzucato.

Listen: LBC

9 October 2023

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The growth symposium: “Arbitrary fiscal rules aren’t working”

In this interview, Professor Mariana Mazzucato joins economist James O'Neill and the Director of the think tank Onward, Sebastian Payne, to share her views on the policies needed for growth. She argues here that to initiate a new UK growth path, we need a reset to innovation-led, sustainable and inclusive growth, not just any growth.

Read: The New Statesman

4 October 2023

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Industrial Policy Is Back

Professor Mariana Mazzucato shares her views on how to align industrial policy to solve the 21st century's grand challenges and create a greener and more inclusive economy shares in this Project Syndicate article.

Read: Project Syndicate

28 September 2023

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Net zero U-turn will raise the cost of living and cost Britain jobs, economists warn Rishi Sunak

In their article on iNews, Professor Mariana Mazzucato and Associate Professor Josh Ryan-Collins offer a critical analysis of the Prime Minister's reconsideration of environmental sustainability goals.

Read: iNews

24 September 2023

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Auto Strikes and Climate Change 

US auto worker strikes highlight the essential synergy between "just" and "green" transitions in government efforts to shift from carbon-intensive economies. Prof Mariana Mazzucato and Prof Damon Silvers explore aligning these priorities in the Project Syndicate article.

Read: Project Syndicate 

23 September 2023

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Putting Education at The Heart of The Economy

In Professor Mariana Mazzucato's blog for the Global Partnership for Education, she explores the pivotal role of education investment as a catalyst for a thriving and dynamic economy.

Read: Global Partnership for Education

21 September 2023

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Aria must not be ‘a castle in a desert’, warns Mazzucato

Prof. Mariana Mazzucato celebrates the 10th anniversary of her book, The Entrepreneurial State, with an interview for the Times Higher Education. Here, she speaks about DARPA's success story and sheds light on what ARIA, the UK’s own innovation agency, can learn from it.

Read: Times Higher Education

20 September 2023

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Sunak’s Tories, Starmer’s Labour: Britain is stuck in a doom loop of failed economics. Here’s the way out

Prof. Mariana Mazzucato highlights in her Op-Ed that framing spending versus growth as a dichotomy is misleading; instead, ambitious investments in policy priorities, from school meals to climate change, can also fuel business growth.

Read: The Guardian

18 September 2023

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Achieving the SDGs requires public-private collaboration on water. Here’s why

Prof. Mariana Mazzucato shares her view in this World Economic Forum article on the fact that water's importance for the Sustainable Development Goals has been overlooked at the SDG Summit, and it necessitates stronger partnerships and increased investment.

Read: World Economic Forum

13 September 2023

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Prof. Mariana Mazzucato’s interview with Oli Dugmore at Politics Joe

Prof. Mariana Mazzucato celebrates the 10th anniversary of her book, The Entrepreneurial State, and discusses how we need to re-imagine the state’s role in collaborating with business.

Listen: PoliticsJOE

10 September 2023

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The Crisis of Modern Day Capitalism, with Mariana Mazzucato

Prof. Mariana Mazzucato's interview In the City podcast, where she celebrates the 10th Anniversary of her book, The Entrepreneurial State, revisits some key concepts and discusses key aspects of the contemporary crisis of modern-day capitalism.

Listen: In the City

7 September 2023

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Prof. Mariana Mazzucato’s interview with Jo Coburn at BBC Politics LIve

Prof. Mazzucato celebrates the 10th Anniversary of her book, The Entrepreneurial State and discusses how public-private partnerships can be structured to maximize public value. 

Listen: Politics Live

6 September 2023

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Prof. Mariana Mazzucato’s interview with Francine Lacqua for The Pulse at Bloomberg Television

Prof. Mariana Mazzucato celebrates the 10th Anniversary of her book, The Entrepreneurial State, and discusses how we need to re-imagine the state’s role in collaborating with business.

Listen: Bloomberg Television

6 September 2023

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Rethinking growth: The economy will not grow in a socially desirable direction on its own

Governments should prioritise the quality of economic growth, focusing on sustainability, workers' rights, and public interests rather than narrow growth targets to ensure a more inclusive and beneficial direction for the economy, Professor Mariana Mazzucato shares in the Business Standard article.

Read: Business Standard

4 September 2023

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In ditching a wealth tax, Labour is rejecting growth and embracing bad economics

IIPP's Associate Professor Josh Ryan-Collins shares his opinion on Labour's position on ruling out a wealth tax.

Read: The Guardian

30 August 2023

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Rethinking Growth and Revisiting the Entrepreneurial State

Professor Mariana Mazzucato emphasises that governments should focus on socially beneficial goals rather than abstract economic growth, as inclusive and sustainable growth arises as a byproduct of pursuing such objectives.

Read: Project Syndicate

28 August 2023

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The infantilisation of the state

Professor Mariana Mazzucato argues that many contemporary achievements attributed to the free market, such as high-tech advancements, medicines, vaccines, and electric cars, are fundamentally the result of public investments. In this interview, she introduces some of the key arguments developed in her latest book, "The Big Con".

Read: De Groene Amsterdammer

23 August 2023

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Tim O’Reilly on AI’s Role in the Attention Economy

IIPP's visiting Professor Tim O'Reilly discusses our forthcoming theory of Algorithmic Rents. Big Tech's algorithms are using our attention and time for their own benefit. AI can help reclaim our time and navigate the expanding ocean of information.

Read: The Rockefeller Foundation

21 August 2023

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Meet Mariana Mazzucato, the economist influencing the treasurer

Jim Chalmers captured the attention with an essay in The Monthly that set out his economic stall with the core principles underpinning his policy vision. This manifesto quoted approvingly from the work of the economist Mariana Mazzucato.

Read: Financial Review

28 July 2023

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Lula meets Italian economist Marina Mazzucato; management and innovation for health was the focus of the conversation

President Luiz Inácio Lula da Silva meets IIPP Founding Director Marina Mazzucato to discuss the ‘how’ of putting societal goals (climate and health) at the heart of a transformative economic agenda—including transforming bureaucracy.

Read: Brazilian Government News

27 July 2023

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Gestão and Enap sign an agreement with an institute led by economist Mariana Mazzucato

UCL IIPP signed a new partnership with the Brazilian Ministry of Management and Enap to support their efforts to build the capabilities, tools & institutions needed to implement Brazil’s transformative agenda.

Read: Brazilian Government News

27 July 2023

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Taking inequality seriously—and tackling it seriously

Rising inequality is a challenge for the multilateral system, Jayati Ghosh writes, which must first measure it properly.

Read: Social Europe

24 July 2023

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We urgently need a European Twitter

What is happening in Italy at RAI should alarm the whole EU says Francesca Bria as she advises Ursula von der Leyen on digital policy.

Read: Faz.net

23 July 2023

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Mazzucato: "It is a problem that many governments move towards populism"

In an interview, Prof Mariana Mazzucato defends a central role for the State and praises the attitude of the Spanish Executive for having known how to innovate despite the hostile situation.

Read: El Pais

21 July 2023

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Raise taxes to avert ‘nightmare’ crisis caused by soaring interest rates, say top economists

IIPP's Josh Ryan-Collins contributes to the conversation on raise in taxes and interest rates.

Read: iNews

19 July 2023

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Mariana Mazzucato: "Pinochet prevented Chile from developing the knowledge it had acquired"

In her book The Big Con, Prof Mariana Mazzucato highlights the collaboration between the Chilean government in 1971 and the British consultant Stafford Beer on the Cybersyn project. 

Read: Elm Strador

18 July 2023

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Mariana Mazzucato: “Public intervention in the economy is no longer taboo. But no more gifts to private individuals”

Prof Mariana Mazzucato offers insights into how the state can be a strategic leader in the economy.

Read: Il Fatto Quotidiano

17 July 2023

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Businesses, research is a disaster. The real "innovative state" was the IRI

IIPP's PhD student Simone Gasperin on how the state agency has allowed the technological development of the country. 

Read: Il Fatto Quotidiano

17 July 2023

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Book review: Moral Money with Simon Mundy

Simon Mundy reviews Prof Mariana Mazzucato's and Rosie Collington's book The Big Con.

Read: Financial Times Moral Money

7 July 2023

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David Eaves on the promise and pitfalls of digital government

IIPP Deputy Director David Eaves offers on overview on the new geopolitical role played by new government s investment in digital public infrastructure.

Read: The Economist

05 July 2023

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What Local Governments Need to Lead

Prof Mariana Mazzucato and James Anderson offer an insight into the role of cities in understanding and addressing their own communities’ needs.

Read: Project Syndicate

04 July 2023

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The UK’s housing market is hurting everyone. Time to rethink the whole thing

Could the mortgage crisis offer an opportunity to reset the market for renters and homeowners? Dr Josh Ryan offers an overview of things that can be done in this op-ed.

Read: Guardian 

04 July 2023

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Water for sustainable development

In March 2023, the United Nations (UN) convened the first UN Water Conference in nearly 50 years, Mariana Mazzucato alongside other world leaders cotribute to conversation on how to create momentum and accelerate progress.

Read: Nature

1 July 2023

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Cornelia Parker on art and the environment: ‘We have to act in every way we can’

The artist and IIPP Advisroy Board member's new video combines her sharp eye for form with her heartfelt politics

Read: Financial Times 

29 June 2023

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Conned 

Book review of The Big Con: How the Consulting Industry Weakens Our Businesses, Infantilizes our Governments and Warps our Economies by Mariana Mazzucato & Rosie Collington. It’s not just that consultants are annoying. The consulting business promotes an inegalitarian political economy.

Read: Democracy: A Journal of Ideas

29 June 2023

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Gove slams housebuilders hoarding almost a million plots of land as ‘completely unacceptable’ 

The top ten housebuilders alone have 700,000 building plots lying idle as the housing shortages continues to worsen. Josh Ryan-Collins explains what land banking means and its impact on housing shortages in the UK.

Read: INews

23 June 2023

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Are debt-for-nature swaps the way forward for conservation?

An insightful overview of agreements to reduce developing countries’ debt burden in exchange for spending on nature. Katie Kedward expresses her scepticism on how debt-for-nature swaps are being implemented in practice.

Read: Guardian 

21 June 2023

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Tonight with Andrew Marr 19/06 | Watch Again

Monday's Tonight with Andrew Marr on housing and cost of living crisis

Watch: LBC

19 June 2023

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Why Bain and its ilk are the bane of governments

Economist Mariana Mazzucato takes aim at global consultancies in a book accusing them of keeping their state clients weak so they can continue milking them

Read: Sunday Times

18 June 2023

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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

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‘Wil je af van de consultants? Herwaardeer de overheid!’ ('Do you want to get rid of the consultants? Revalue the government!')

While governments cut costs, external consultants are experiencing golden times. Economists Mariana Mazzucato and Rosie Collington wrote the book The Big Con on how to break through that paradox. An interview with Rosie Collington.

Read: De Standaard

3 June 2023

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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

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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

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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

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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

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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

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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

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Two-Price Economy

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

Read: Phenomenal World

10 May 2023

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‘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

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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

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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

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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

 

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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

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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

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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

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Mission-oriented industrial strategies for achieving the SDGs

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

Read: UNIDO IAP

11 April 2023

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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

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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

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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

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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

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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

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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

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"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

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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

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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

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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

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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

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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

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'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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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Reinventing public purpose

Sir Michael Marmot reviews The Big Con

Read: The Lancet

25 February 2023

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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A Long Way From Nuclear Fusion

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

Read: Foreign Affairs

31 January 2023

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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

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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

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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

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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

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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

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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

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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

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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

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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

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Mariana without borders

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

Read: Global Nation

6 December 2022

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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Burla a la ciencia (Mock science)

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

Read: La Republica

28 October 2022

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Mariana Mazzucato speaks to Alejandro Bercovich

A televised interview (in Spanish) on C5N in Argentina

Watch: C5N (via YouTube)

26 October 2022

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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

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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

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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

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‘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

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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

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'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

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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

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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

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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

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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

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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

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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

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«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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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EP.185 - MARIANA MAZZUCATO

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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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BBC Newsnight

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

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

22 June 2022

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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BBC Hardtalk

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

Watch: BBC Hardtalk

27 January 2022

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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

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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

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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

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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