The Value of Everything will reignite a long-needed debate about the kind of world we really want to live in.
Mariana Mazzucato is Professor in the Economics of Innovation and
Public Value at University College London, where she is Founding
Director of the UCL Institute for Innovation & Public Purpose. Her
previous posts include the RM Phillips Professorial Chair at the
Science Policy Research Unit at Sussex University.
She is the 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. Most recently, Pope Francis appointed her to the
Pontifical Academy for Life for bringing 'more humanity' to the
world.
As well as The Entrepreneurial State, she is the author of The
Value of Everything- Making and Taking in the Global Economy
(2018), Mission Economy- A Moonshot Guide to Changing Capitalism
(2021), and The Big Con- How the Consulting Industry Weakens our
Businesses, Infantilizes our Governments and Warps our Economies
(2023).
She advises policy makers around the world on innovation-led,
inclusive and sustainable growth. Her current roles have included
for example Chair of the World Health Organization's Council on the
Economics of Health for All, Co-Chair of the Global Commission on
the Economics of Water, Co-Chair of the Council on Urban
Initiatives, and member of the South African President's Economic
Advisory Council. Previously, through her role as Special Advisor
for the EC Commissioner for Research, Science and Innovation
(2017-2019), she authored the high-impact report on
Mission-Oriented Research and Innovation in the European Union,
turning 'missions' into a crucial new instrument in the European
Commission's Horizon innovation programme, and more recently,
authored a report with the UN's Economic Commission for Latin
America and the Caribbean (ECLAC) on Transformational Change in
Latin America and the Caribbean- A mission-oriented approach.
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.
*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.
*The Times*
As Mariana Mazzucuto's new book, published today, explains, our
economy has been financialised and no longer rewards real value
creation.
*New Statesman*
Mariana Mazzucato ... argues that we urgently need to rethink where
wealth comes from to heal a sick system.
*Management Today*
Mariana Mazzucato offers an exposé 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.
*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.
*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.
*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.
*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.
*Financial Times*
One of the most incisive economic books in years.
*New York Review of Books*
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