The world's most popular products, from the iPhone to Google Search, were funded not by private companies, but the taxpayer.
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 U.S. 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.
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Mariana Mazzucato is Professor in the Economics of Innovation and Public Value at University College London (UCL) where she is also Founder and Director of the Institute for Innovation and Public Purpose. She is author of the highly-acclaimed book The Entrepreneurial State: Debunking Public vs. Private Sector Myths, and winner of the 2014 New Statesman SPERI Prize in Political Economy, the 2015 Hans-Matthöfer-Preis and the 2018 Leontief Prize for Advancing the Frontiers of Economic Thought. She advises policymakers around the world on how to deliver ‘smart’, inclusive and sustainable growth. She was named as one of the ‘3 most important thinkers about innovation’ in the New Republic.
Callie Beaulieu, audiobook narrator, has been an actress for several decades. Classically trained, she is predominantly a theater actress, and her work has been seen around the country. She is a proud member of Actors Equity Association and SAG-AFTRA.