
Description
In this sharp and controversial international bestseller, an award-winning economist debunks the pervasive myth that the government is sluggish and inept, and at odds with a dynamic private sector. She reveals in detailed case studies that the opposite is true: the state is, and has been, our boldest and most valuable innovator. Denying this history is leading us down the wrong path. A select few get credit for what is an intensely collective effort, and the US government has started disinvesting from innovation. The repercussions could stunt economic growth and increase inequality. Mazzucato teaches us how to reverse this trend before it is too late.
Product Details
Publisher | PublicAffairs |
Publish Date | October 27, 2015 |
Pages | 288 |
Language | English |
Type | |
EAN/UPC | 9781610396134 |
Dimensions | 8.2 X 5.5 X 0.9 inches | 0.7 pounds |
About the Author
She advises global policy makers on innovation-driven inclusive growth and is Special Advisor to the EU commissioner for research, science and innovation. She is a coeditor of Rethinking Capitalism: Economics and Policy for Sustainable and Inclusive Growth and the author of the award-winning The Entrepreneurial State: Debunking Public vs. Private Sector Myths.
Reviews
--Richard N. Cooper, Foreign Affairs
"A meticulously argued treatise that shows how unwise our conventional wisdom has become."
--Christopher Dickey, Newsweek
"A skillful combination of the history of technology, empirical evidence, and policy analysis--the book contains a critical reading of data and arguments that run counter to established views while never falling short of offering constructive solutions."
--Davide Consoli, Science
"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
"In this trailblazing book on the role of government as both a risk-taking funder of innovation and a market creator, Mariana Mazzucato persuasively argues that the government is a key enabler of technological innovations that drive economic growth. This important book should be read by policymakers, opinion leaders, and others with a stake in funding economic growth."
--Arnold T. Davis, CFA Institute
"It is one of the most incisive economic books in years."
--Jeffery Madrick, New York Review of Books
"Makes an engaging, persuasive case in favor of the state, and suggests one recommend it not just as an instrument of market repair but also as a prerequisite for future prosperity."
--J. Bhattacharya, Choice
"Mazzucato argues that long-term, patient government funding is an absolute prerequisite for breakthrough innovation.Even if you disagree with Mazzucato's argument, you should read her book. It will challenge your thinking."
--Bruce Upbin, Forbes
"Ms. Mazzucato is right to argue that the state has played a central role in producing game-changing breakthroughs, and that its contribution to the success of technology-based businesses should not be underestimated."
--The Economist
"Provides a refreshing new take on rather stale debates on the economic role of government."
--Globe and Mail (UK)
"Provides persuasive evidence that governments deserve more credit than private companies for the development of most important modern technologies."
--Edward Hadas, Reuters
A Financial Times, Forbes, and Huffington Post Best Book of the Year
Earn by promoting books