Showing posts with label public value creation. Show all posts
Showing posts with label public value creation. Show all posts

Thursday, September 20, 2018

Mariana Mazzucato — Yes, Government Creates Wealth

Economics has never accepted the idea that the public sector creates wealth. But it does—and acknowledging that can lead to sweeping change....
Democracy — A Journal of Ideas
Yes, Government Creates Wealth
Mariana Mazzucato | RM Phillips chair in the Economics of Innovation at SPRU in the University of Sussex

See also
Ten years after the global economic crisis, profits have recovered, but investment remains weak. Ultimately, the reason is that economic policy continues to be informed by neoliberal ideology and its academic cousin, “public choice” theory, rather than by historical experience.
Project Syndicate
Who Really Creates Value in an Economy?
Mariana Mazzucato | RM Phillips chair in the Economics of Innovation at SPRU in the University of Sussex