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Mariana Mazzucato Profile
Mariana Mazzucato

@MazzucatoM

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UCL Prof, Founding Director of @IIPP_UCL . Author of: The Big Con; Entrepreneurial State; Value of Everything; Mission Economy. 4 kids keep me smiling. #COYG

London
Joined October 2011
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@MazzucatoM
Mariana Mazzucato
29 days
From my book Mission Economy to our recent Mission Critical report @IIPP_UCL ’s work offers a new approach to shape markets, redesign governments & transform our economies. Learn more in our Mission-Oriented Policy Hub ➡️
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@MazzucatoM
Mariana Mazzucato
2 years
What a pleasure speaking today with President of Colombia Gustavo Petro⁩ on collective value creation for an inclusive and sustainable economy. Gracias ⁦ @petrogustavo ⁩ !
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@MazzucatoM
Mariana Mazzucato
2 years
Que día importante por Latino America! Felicidades a @petrogustavo y @FranciaMarquezM
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@MazzucatoM
Mariana Mazzucato
5 years
In bus today heard great summary of Davos: Billionaires telling millionaires how the middle class should live.
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@MazzucatoM
Mariana Mazzucato
6 years
I've lived in UK for 20 yrs with full time academic job. Had 4 kids here. My application for permanent residency was turned down. Supposedly credit card for application fee did not work (card was fine). Kept my Italian passport for 6 months. Could have called to check number? Nah
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@MazzucatoM
Mariana Mazzucato
3 years
"Que la esperanza le gane al miedo"! Congratulations to @gabrielboric
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@MazzucatoM
Mariana Mazzucato
3 years
Loving the energy in this celebration of ⁦ @gabrielboric ⁩ victory sent by a friend in Santiago. Now the work begins!
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@MazzucatoM
Mariana Mazzucato
2 years
Finally landed in Bogotá! Great dinner tonight with Minister of Finance ⁦⁩ @JoseA_Ocampo . Tomorrow meeting President ⁦ @petrogustavo
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@MazzucatoM
Mariana Mazzucato
6 years
Over last year spoke to ⁦ @Ocasio2018 ⁩ several times about turning climate change into a ‘directed’ growth opportunity, framed as boldly as the moonshot: systemic approach with clear goal stimulating cross sectoral investments. She totally gets it.
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@MazzucatoM
Mariana Mazzucato
2 years
Great to meet with Chilean President ⁦ @gabrielboric ⁩ today in La Moneda! ⁦With friends @JosephEStiglitz ⁩ and ⁦ @JMBenavente ⁩ too.
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@MazzucatoM
Mariana Mazzucato
1 year
Not only is this false (there is no personal consultancy but a collaboration with UCL @IIPP_UCL ), but when my university was asked to comment at midnight, and then sent a response in the morning, the response was not published. You call this journalism?
@lasillavacia
La Silla Vacía
1 year
La economista @MazzucatoM le propuso al gobierno @petrogustavo una asesoría para aterrizar su política industrial y de crecimiento económico. Según confirmó La Silla, la propuesta todavía se está revisando y valdría unos $4.800 millones. Acá la historia.
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@MazzucatoM
Mariana Mazzucato
3 years
Honoured to have received a letter in the post today from the Italian PM and the Italian President stating I have been given the honour of “Grande Ufficiale Ordine al Merito della Repubblica Italiana”.
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@MazzucatoM
Mariana Mazzucato
2 years
Hoy estaré conversando con @DCoronell en @WRadioColombia a las 7:00 COT / 13:00 BST. Discutiremos cómo diseñar una economía que atraiga inversiones. #ElReporteCoronell
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@MazzucatoM
Mariana Mazzucato
4 years
Social genius: Saskia, my niece, has organised a game of bingo for the the quarantined retirement home in front of her flat in Amsterdam! No social distancing, only physical.
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@MazzucatoM
Mariana Mazzucato
4 years
Never complained before after being on TV/Radio but today I will as was shocking. On @BBCr4today I was cut off twice so that Lord Lamont could (slowly, no rush...) twist what I was saying (without correction) arguing that companies should be helped without conditions. Get with it
@MazzucatoM
Mariana Mazzucato
4 years
I'm speaking tomorrow on @BBCr4today (8:45am BST) about need to structure the economic response to the Covid-19 crisis so that it paves way to a proper recovery, changing the way we think about 'value', so that we build a 'caring' economy that is inclusive & sustainable. Tune in!
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Mariana Mazzucato
2 years
Que semana: Gracias por la inspiración ⁦ @petrogustavo ⁩ ⁦ @alferdez ⁩ and ⁦ @gabrielboric
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Mariana Mazzucato
2 years
Congratulations @LulaOficial ! So inspiring on the day we return from amazing Latin American tour in Colombia, Argentina and Chile, where we listened and learned from ministers and civil servants on the work they are doing fighting for a more inclusive, just & sustainable economy.
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@MazzucatoM
Mariana Mazzucato
2 years
This is how ⁦ @SodexoGroup ⁩ recycles at @ucl ! Incredible we pay for this. I’ve been highlighting it for 3 years. No action.
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@MazzucatoM
Mariana Mazzucato
1 year
“Oxford Street disorder: Braverman wants culprits hunted down”. My take: Invest in public swimming pools, well run youth clubs, community centres, mental health programmes, summer activities. Care for youth. Cost of inaction greater than cost of action.
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Mariana Mazzucato
2 years
🇨🇴Brilliant first day in Bogota meeting with Ministers @JoseA_Ocampo , @CeciliaLopezM , @susanamuhamad , @IreneVelezT & @UrrutiaOcoro ahead of the launch of my new report on transformational change in Latin America and the Caribbean.
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@MazzucatoM
Mariana Mazzucato
5 years
The UK election manifesto is an easy one. A decade has been lost between useless (and mean) AUSTERITY and misinformed BREXIT. Solution is to INVEST INVEST INVEST. Invest in PEOPLE, invest in COMMUNITIES, invest in new OPPORTUNITIES that drive GREEN economic growth. Duh.
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@MazzucatoM
Mariana Mazzucato
2 years
Fake news. Hate to break it to @La_Segunda : SQM are not funding a cent of my travel during my trip to Latin America. Looking forwards to my many meetings in Santiago: discussions with government, book event Thursday and university event Friday.
@La_Segunda
laSegunda
2 years
La economista Mariana Mazzucato, referente del Frente Amplio, aterriza mañana en Chile para tener reuniones con ministros y el presidente Boric durante la semana. El jueves, eso sí, tiene también un seminario financiado por SQM, lo que generó una serie de críticas.
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Mariana Mazzucato
1 year
At #newfinancingpact in Paris, gave ⁦ @LulaOficial ⁩ a copy of Mission Economy in Portuguese. 🚀🌺 ⁦ @IIPP_UCL
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@MazzucatoM
Mariana Mazzucato
2 years
The dangers of doing interviews in another language! I of course meant experience in Spanish, not experiment. Almost as bad as when I once said I was “embarazada”and I meant embarrassed (not pregnant!). Learning by doing…
@ElMercurio_cl
El Mercurio
2 years
Mariana Mazzucato, economista: “Somos muchos economistas en el mundo que estamos mirando a Chile como un experimento muy importante para matar al neoliberalismo”
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@MazzucatoM
Mariana Mazzucato
3 years
Women economists supporting women economists. My buddies 🌹 @KateRaworth and @StephanieKelton
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@MazzucatoM
Mariana Mazzucato
1 year
I had the honor to talk today for over an hour with President @LulaOficial alongside ministers @NisiaTrindade & @EstherDweck . We discussed the ‘how’ of putting societal goals (climate and health) at heart of a transformative economic agenda—including transforming bureaucracy.
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@MazzucatoM
Mariana Mazzucato
2 years
Consultancies know less than they claim, cost more than they seem to, and — over the long term — prevent the public sector developing in-house capabilities. From my @FT interview with @henrymance on my new book with @RosieCollingto - The Big Con.
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@MazzucatoM
Mariana Mazzucato
2 years
Colombia must focus its future investments on productive sectors of the economy. Redistribution won't be enough; we need economic growth. Read more in my interview with @forbescolombia
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@MazzucatoM
Mariana Mazzucato
6 years
One year ago serving beer in a bar. Tonight hopefully the youngest congresswoman in US history. The great ⁦ @Ocasio2018 ⁩ : ambitious plans for a green new deal in NYC.
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@MazzucatoM
Mariana Mazzucato
4 years
So many problems come from confusion between short term and long term. For example UKs policy “eat out to help out” in short term looked like it could help the economy, but in the long term is destroying it. It’s a very basic point that could go a long way. This one was obvious.
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@MazzucatoM
Mariana Mazzucato
5 years
I’m starting to feel sorry for myself: born in Italy, a country currently run by populist xenophobes; grew up in the USA, a country currently run by...Trump (say no more); and living in Britain, a country currently torn apart by wall raising Brexit. Ugh.
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@MazzucatoM
Mariana Mazzucato
3 years
Come on Chile!! Forwards not backwards...
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Mariana Mazzucato
1 year
‘The McKinseys and the Deloittes have no expertise in the areas that they’re advising in’
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Mariana Mazzucato
4 years
Sounds so much better in Spanish! El Estado Emprendedor
@ierrejon
Íñigo Errejón
4 years
El iPhone y el Estado
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@MazzucatoM
Mariana Mazzucato
3 months
Brexit was the biggest act of self-harm a nation has committed. Economic, social and political. And the ridiculousness is everywhere.
@ianbremmer
ian bremmer
3 months
british partroopers jumping into normandy in 2024 have to....go through customs (thanks, brexit)
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@MazzucatoM
Mariana Mazzucato
2 years
Profile today ⁦ @FT ⁩ on my new book with ⁦ @RosieCollingto ⁩ “The McKinseys & Deloittes have no expertise in areas that they’re advising in’” Better title: Governments must invest in internal expertise and build public capacity. @IIPP_UCL
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@MazzucatoM
Mariana Mazzucato
5 years
In British cabs I hear complaints about EU migrants. In Italian cabs I hear complaints about African migrants. In South African cabs I hear complaints about Nigerian migrants. Have we all (humans) completely lost the plot? Perhaps a view of earth from the moon would help...
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@MazzucatoM
Mariana Mazzucato
7 months
Honrada de dar una conferencia pública en @UNALOficial (El Nacho), ¡la universidad del pueblo, para el pueblo! Gracias a @LaMartaSinH y Lorena Chaparro por la invitación y el increíble ambiente y a @MFValdesV y @DanielRMed por unirse al panel de discusión. ¡Hasta la próxima!
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@MazzucatoM
Mariana Mazzucato
4 years
Wrong again. State investments are behind most new drugs. US National Institutes of Health spend $40 billion/year on drug innovation. Real question is how to make sure that investment is governed for the public interest and not private profit. More info
@BBCPolitics
BBC Politics
4 years
"There comes a moment when the state must stand back and let the private sector get on with it" PM Boris Johnson tells conference "we must not draw the wrong economic conclusion from this crisis" adding it isn't the state that "produces the new drugs"
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Mariana Mazzucato
2 years
I will be live on @WRadioColombia today with @DCoronell to discuss how to design an economy to attract investment. Tune in at 7:00 COT / 13:00 BST #ElReporteCoronell
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@MazzucatoM
Mariana Mazzucato
3 years
Bolsonaro is closing down a public microchip factory. Probably because it’s public. More than 90 postgraduates and 12 years experience with 100 contracts with local and foreign companies… about to be profitable. Why? @CarlotaPrzPerez
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@MazzucatoM
Mariana Mazzucato
7 years
Grenfell Tower = microcosm of 3 very bad economic ideas 1. De-regulation; 2. Outsourcing (public service for private profit); 3. Austerity.
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@MazzucatoM
Mariana Mazzucato
2 years
It’s officially out!!!!!
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@MazzucatoM
Mariana Mazzucato
4 years
Problem is not so much lockdown but continued lack of a serious test and trace system delivered through a competent well resourced public health system. Stop using consulting companies: put full weight behind PUBLIC health! Me & @globalhlthtwit in @ProSyn :
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@MazzucatoM
Mariana Mazzucato
8 years
Yesterday spoke w Argentina President Macri. Talked abt role of state in innovation & why neoliberal econ policies fail. Not sure he got it.
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Mariana Mazzucato
2 years
After 3 wonderful days in Bogotá, arrived after midnight last night in Buenos Aires ready for fantastic next 3 days.
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@MazzucatoM
Mariana Mazzucato
4 years
Cool to be amongst these “5 Economists Redefining… Everything. Oh Yes, And They’re Women”
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@MazzucatoM
Mariana Mazzucato
3 months
Inflation today is driven by monopolistic supply, not excess demand. Energy, food and more. The whole discussion about interest rates ignores that. Go after the source (anti-monopoly, and the multiple causes of “excess” profits ie “rents”). @IsabellaMWeber very good on this.
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Mariana Mazzucato
4 years
Italy today celebrates the resistance and all those who fought against fascism. Buon 25 Aprile!!!
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@MazzucatoM
Mariana Mazzucato
5 years
On @BBCr4today I said: (1) Green New Deal is INVESTMENT in our future; (2) austerity decimated social fabric (costs to pick up mess); (3) debate should be also on high PRIVATE debt. I asked @bbcnickrobinson to talk about that, he said: ‘we report what they tell us’. Who is they?
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Mariana Mazzucato
3 years
Boris says vaccine came from capitalism & greed. Wrong (again) on BOTH. 1. Capitalism? Massive high risk early stage PUBLIC investment 2. Greed? That's what's making things go very wrong. Abandon ideology (and ignorance). My article with @henrylsl
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Mariana Mazzucato
2 years
Yo no defiendo el Estado, yo defiendo el tipo de pensamiento que traduce una vision economica que no este llena mitos y el publico y el privado puedan trabajar juntos @aleberco @C5N #BrotesVerdes 📺
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@MazzucatoM
Mariana Mazzucato
2 years
Capitalism ain’t working. Does it need just another (again!) ‘fix’ or a radical reshape? The latter. “This economist has a plan to fix capitalism. It's time we all listened”
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Mariana Mazzucato
6 years
Just had lunch in Queens with the inspiring ⁦ @Ocasio2018 ⁩ talking about a Green New Deal ... and all the inspiring (and realistic when we put our minds to it ) changes it requires !
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Mariana Mazzucato
4 years
Against LOOTING? Check out its professionalisation via private equity model of finance. The rest is child's play.
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@MazzucatoM
Mariana Mazzucato
3 years
Oxford/AstraZeneca Covid vaccine research ‘was 97% publicly funded’ | Medical research | The Guardian
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@MazzucatoM
Mariana Mazzucato
4 years
Example of this dysfunctionality: Gilead charging $3,120 for its COVID-19 drug Remdesivir. A drug that was developed with a $70.5 million grant from the government-funded National Institutes of Health. Prices should reflect public investment, and patent system must not be abused.
@MazzucatoM
Mariana Mazzucato
4 years
Wrong again. State investments are behind most new drugs. US National Institutes of Health spend $40 billion/year on drug innovation. Real question is how to make sure that investment is governed for the public interest and not private profit. More info
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Mariana Mazzucato
7 months
The hypocrisy of the global north talking about corruption in the global south. Corruption is rampant in the US and UK. My reply during an ⁦ @FT ⁩ interview on Latin America.
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Mariana Mazzucato
3 years
This is the letter we published last Thursday in support of @gabrielboric
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Mariana Mazzucato
3 years
Which group is more likely to solve climate change? ⁦ @COP26 ⁩ ⁦ @Teresaribera ⁩ ⁦ @NicolaSturgeon ⁩ ⁦ @PEspinosaC @UNFCCC
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@MazzucatoM
Mariana Mazzucato
5 years
If LEFT means living by values of: justice, equity, inclusion & sustainability, then please @nytimes remove the ISH. LEFT is LEFT. (though those right-left dichotomous categories are usually useless punchbags that close real dialog and action)
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@MazzucatoM
Mariana Mazzucato
1 year
Was worried at first President Lula was wearing a ⁦ @ManCity ⁩ shirt—as a Gunner that could have affected my work in Brazil. But luckily it was Corinthians of Sao Paolo. Phew! ⁦ @Arsenal ⁩ 🇧🇷
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Mariana Mazzucato
1 year
Great meeting today with Brazil’s Finance minister ⁦ @Haddad_Fernando ⁩ and his team. Talked about ambitious ecological transformation plan. ⁦ @IIPP_UCL
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Mariana Mazzucato
4 years
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Mariana Mazzucato
2 years
Decarbonize
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Mariana Mazzucato
6 months
We’ve seen 50 years of the ‘consultification’ of government. In order for gov to administer any process effectively, from the pandemic to the IT infrastructure of the post office, we need investment in public sector capability. This week, I made that point on #PoliticsLive ⬇️
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Mariana Mazzucato
2 years
What happens to the economy when governments become overly reliant on consultants? @RosieCollingto and I investigate in my new book debunking the myth that consultancies always add value to the economy. Pre-order now! US: UK:
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Mariana Mazzucato
5 years
The entire clip of @BBCPolitics yesterday My main point: UK economic problems are not due to EU but to financialisation, short-termism, low investment/productivity (created inside our borders). If there is a general election, talk about THAT (& stop lying)
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Mariana Mazzucato
6 years
One thing I’ve never understood about Westminster debates is the amount of laughing & heckling & jeering & pounding & screaming. It’s as if life is a joke. I guess I don’t get it (cultural?) but I find it an insult to the citizens that live in Britain. No joke. It’s serious.
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Mariana Mazzucato
2 months
In ⁦ @Telegraph ⁩ on my influence ⁦ @Keir_Starmer ⁩ missions. As we argue in ⁦ @IIPP_UCL ⁩ missions can’t be buzzword (old wine in new bottles). Must change how we “do” government (from procurement to finance) & fair contracts. Our global report coming out this Thurs!
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Mariana Mazzucato
3 months
My article today on why the ‘cloud’ is not fuzzy and light but carbon heavy. And why we need carbon disclosures for the supply chain of AI, and tech more generally. “The ugly truth behind ChatGPT: AI is guzzling resources at planet-eating rates”
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Mariana Mazzucato
4 years
In Sept 2018 I had lunch in Queens with ⁦ @AOC ⁩ (later voted into Congress). We talked about Green New Deal and ways to ensure rewards from collectively created innovation are shared. Hoping ideas become reality now that US is back on world stage.
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Mariana Mazzucato
1 year
A key driver of inequality? Rents! Read our paper on modern economic rents, from the feudal LAND rents (still today!), financial rents, patent rents, and digital rents. @jryancollins @GGouzoulis
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Mariana Mazzucato
1 year
Growth for growth sake got us into this mess. We’ve got to direct it to be sustainable and inclusive through a mission oriented approach.
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Mariana Mazzucato
1 year
Lost my @Twitter blue tick tonight due to capricious whim of little boy @elonmusk . So be it. But why oh why would anyone pay for his little games, greed and short attention span. An insult to human intelligence. Play on.
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Mariana Mazzucato
3 years
My interview today ⁦ @el_pais ⁩ “La izquierda se ha vuelto perezosa. Debe centrarse en la creación de riqueza” I would have preferred more nuanced title: ‘Left needs to be as innovative about value creation as redistribution.’ ⁦ @Teresaribera
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Mariana Mazzucato
5 years
Imagine explaining to a Martian how, on Earth, grown men kicking a ball around a pitch earn so much more than heart surgeons, let alone school teachers (both who save and improve lives). Odd.
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Mariana Mazzucato
2 years
Thanks to my 2 wonderful ⁦ @IIPP_UCL ⁩ colleagues⁩ ⁦ @LucaBurgsdorff ⁩ & Manuel Maldonado for accompanying/collaborating on inspirational tour in Bogotá, Buenos Aires & Santiago. Great to finish with ⁦ @gabrielboric ⁩ carrying the ⁦ @IIPP_UCL ⁩ flag. I mean bag.
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Mariana Mazzucato
4 years
Putting public purpose at the centre of a circular economy. And not pretending government budgets are household budgets! Doughnut+Missions+MMT! @KateRaworth @StephanieKelton
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Mariana Mazzucato
3 years
I’m NO Putin fan, but let’s be honest: What would the United States do if Mexico, on it’s border, joined some sort of Russian and/or Chinese security alliance? ⁦ @JeffDSachs ⁩ provides wise advice: US should compromise on Nato to save Ukraine.
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Mariana Mazzucato
3 years
Got FREE Covid test today in the Netherlands, before returning to UK tomorrow. Why does testing remain a rent-seeking industry in so many countries, like the UK? It ain’t rocket science folks. Regulate Covid testing for the common good!
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Mariana Mazzucato
5 years
Labour: prepare clear rebuttal to accusation that you left public finances in tatters. A hint: banks & finance caused the crisis. Your post crisis investment (& deficit) saved capitalism, which you want to reform. Under Tories, banks got off scot-free while austerity hurt people.
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Mariana Mazzucato
7 months
Last week I had the honour to briefly discuss with @Pontifex my new paper on a new economics for the Common Good. @PontAcadLife
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Mariana Mazzucato
3 years
What happens when you don’t vaccinate the world to stop vaccine apartheid? The virus mutates in unvaccinated regions! It ain’t rocket science! We have been warning about this in the WHO Council on the Economics of Health for All:
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Mariana Mazzucato
7 months
Great lunch w @ricardobonillag @GermanUmanaM @DanielRMed @laurisarabia & others @Casa_Narino . Spoke about opportunities to rethink the way government works with business AND popular economy to create public value for Colombians (via reindustrialization strategy & other policies).
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Mariana Mazzucato
2 years
Congratulations to @ellyesse , the new leader of Italy’s @pdnetwork 🚀🍾! Had dinner with her in Rome exactly a week ago. Full of innovative ideas on battling inequality, global warming and the need for genuine participation. Brava!!
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Mariana Mazzucato
4 years
If there are "key" or "essential" workers in the economy, next step is to recognise "essential" part of economy that needs funding, nurturing & massive rethinking. Corollary is to understand how so much value could have been extracted by "non essential" part, and reverse that.
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@MazzucatoM
Mariana Mazzucato
2 years
What a perfect way to celebrate my birthday in Madrid! Lunch with Spain’s PM Pedro Sánchez and Deputy PM Teresa Ribera. Thank you! ⁦ @sanchezcastejon ⁩ ⁦ @Teresaribera
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Mariana Mazzucato
1 year
Goodbye Brazil, back soon!
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Mariana Mazzucato
3 years
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Mariana Mazzucato
3 years
Women inspiring women. ⁦ @KateRaworth ⁩ ⁦ @StephanieKelton
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Mariana Mazzucato
4 years
This is one of the most powerful speeches I have ever heard. Listen to it and over. The WHY (not the WHAT) behind protesting, rioting AND looting. And why new ownership models needed.
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Mariana Mazzucato
4 years
In the Conclusion of my new book #MissionEconomy , I pay tribute to inspirational women who have put ‘life’ at the centre of the economy, not vice versa: Hannah Arendt, Edith Penrose, Elinor Ostrom, @CarlotaPrzPerez ⁩, @StephanieKelton ,⁩ ⁦ @KateRaworth ⁩. Thank you!
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Mariana Mazzucato
4 years
I am honoured to have received the 2020 John Von Neumann Award. Tomorrow I will be giving an online lecture (details below).
@IIPP_UCL
UCL Institute for Innovation and Public Purpose
4 years
We are so proud to announce that IIPP Director @MazzucatoM has been elected as the 2020 recipient of the John von Neumann Award! Find out more about the ceremony and open lecture with Professor Mazzucato on Monday October 12th at 7pm BST.
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Mariana Mazzucato
3 years
I really don’t get why England players took off the medals so quickly and dismissively. Bad vibe x sport. They played well throughout the tournament. Period.
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