The Value of Everything will reignite a long-needed debate about the kind of world we really want to live in.
Mariana Mazzucato (PhD) is Professor in the Economics of Innovation and Public Value at University College London (UCL), where she is Founding Director of the UCL Institute for Innovation & Public Purpose (IIPP). She received her BA from Tufts University and her MA and PhD from the Graduate Faculty of the New School for Social Research. Her previous posts include the RM Phillips Professorial Chair at the Science Policy Research Unit (SPRU) at Sussex University. She is a selected fellow of the UK's Academy of Social Sciences (FAcSS) and of the Italian National Science Academy (Lincei). She is winner of international prizes including the Grande Ufficiale Ordine al Merito della Repubblica Italiana in 2021, Italy's highest civilian honour, the 2020 John von Neumann Award, the 2019 All European Academies Madame de Stael Prize for Cultural Values, and the 2018 Leontief Prize for Advancing the Frontiers of Economic Thought. She was named as one of the '3 most important thinkers about innovation' by The New Republic, one of the 50 most creative people in business in 2020 by Fast Company, and one of the 25 leaders shaping the future of capitalism by WIRED. She is the author of three highly-acclaimed books- The Entrepreneurial State- debunking public vs. private sector myths (2013) which investigates the critical role the state plays in driving growth; The Value of Everything- making and taking in the global economy (2018) which looks at how value creation needs to be rewarded over value extraction; and the newly released Mission Economy- a moonshot guide to changing capitalism (2021).
A stimulating analysis of the underlying causes of inequality and
growth which forces us to confront long-held beliefs about how
economies work and who benefits. ... The book itself adds value by
forcing us to confront these points. -- Martin Wolf * Financial
Times *
Someone should make a musical out of this book. That is quite
unlikely, I grant you, but not as unlikely as it sounds. In 1893
the Savoy theatre staged Gilbert and Sullivan's penultimate
operetta, Utopia, Limited ... It is time to rework the idea
and Mariana Mazzucato is a candidate to write the libretto. --
Philip Collins * The Times *
As Mariana Mazzucuto's new book, published today, explains, our
economy has been financialised and no longer rewards real value
creation. -- Chi Onwurah * New Statesman *
Mariana Mazzucato ... argues that we urgently need to rethink where
wealth comes from to heal a sick system. -- Richard Kilgarriff *
Management Today *
Mariana Mazzucato offers an expose of how value extractors and
rent-seekers have been masquerading as value creators in the global
economy. And, furthermore, how the conventional wisdom has indulged
them in this. -- Fran Boait * Prospect *
In The Value of Everything, published last week, Mazzucato
sharpens her focus, not only lauding the role of 'mission-oriented'
public investment, but honing her critique of the private sector
too. -- Liam Halligan * The Spectator *
Some economists merely interpret the world in various ways; others
seek to change it. Mariana Mazzucato is an exemplar of the latter
kind. The Italian-American is a restless thinker drawn to
transformative, disruptive projects. ... Mazzucato's mission is to
overturn the now dominant neoclassical theory of value. In the
mid-19th century, she explained, an intellectual revolution
occurred: rather than value determining price, price began to
determine value. -- George Eaton * New Statesman *
The Value of Everything is receiving accolades on Twitter
from finance ministers and student idealists alike, and is clearly
set to be essential summer reading for civil servants. -- Delphine
Strauss * Financial Times *
Praise for The Entrepreneurial State: Conventional
economics offers abstract models; conventional wisdom insists that
the answer lies with private entrepreneurship. In this brilliant
book, Mariana Mazzucato...argues that the former is useless and the
latter incomplete. -- Martin Wolf * Financial Times *
One of the most incisive economic books in years. -- Jeffery
Madrick * New York Review of Books *
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