DiscoverThe Ezra Klein Show"The world’s scariest economist” on coronavirus, innovation, and purpose
"The world’s scariest economist” on coronavirus, innovation, and purpose

"The world’s scariest economist” on coronavirus, innovation, and purpose

Update: 2020-05-1814
Share

Description

The Times of London called Mariana Mazzucato “the world’s scariest economist.” Quartz describes her as “on a mission to save capitalism from itself.” Wired says she has “a plan to fix capitalism,” and warns that “it’s time we all listened.


”Mazuccato is an economist at University College London and Founder and Director of UCL's Institute for Innovation and Public Purpose. She’s the author of The Entrepreneurial State and The Value of Everything — two books that, together, critique some of the most fundamental economic assumptions of our time, and try and chart a different path forward.


This is a moment that demands critique. The workers who are being called “essential” now were treated as disposable before — paid low wages, offered little respect. The difference between states with innovative, capable public sectors and states where government agencies have been dismissed and defunded is on terrible display. 


The debates Mazzucato has been trying to open for years are now unavoidable. So let’s have them.


Book recommendations:

Memoirs of Hadrian by Marguerite Yourcenar 

The Deficit Myth by Stephanie Kelton

War and Peace by Leo Tolstoy


Want to contact the show? Reach out at ezrakleinshow@vox.com

Please consider making a contribution to Vox to support this show: bit.ly/givepodcasts Your support will help us keep having ambitious conversations about big ideas.

New to the show? Want to check out Ezra’s favorite episodes? Check out the Ezra Klein Show beginner’s guide (http://bit.ly/EKSbeginhere)

Credits:

Producer/Editor - Jeff Geld

Researcher - Roge Karma

Learn more about your ad choices. Visit megaphone.fm/adchoices

Comments (1)

Jeremy Laney

less than 10 minutes into this and Ezra has already misspoke regarding basic economic theory in his intro and Mariana Mazzucato “the world’s scariest economist" is trying to say that somehow 'objective' value has been incorrectly assigned in a system where 2 entities engage in a mutually agreeable economic transaction (at the price where those supply & demand lines intersect no less). There in No objective value! if I am on my home standing beside the water cooler, the bottle of Dansi you try to sell me doesn't have a whole lot of intrinsic WORTH, because I have a ready supply that is a sunk cost if I don't drink it. Alone and stranded in the middle of the desert and it is probably WORTH (to me) every worldly possession in my power to exchange.

May 19th
Reply
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

"The world’s scariest economist” on coronavirus, innovation, and purpose

"The world’s scariest economist” on coronavirus, innovation, and purpose

Vox