Odd Lots: Mariana Mazzucato on the Need for Moonshots (Podcast)
Original Report
Today’s guest Mariana Mazzucato is one of our most requested. Mazzucato, who is the director of the University College London Institute for Innovation and Public Purpose, specializes in the political...
Today’s guest Mariana Mazzucato is one of our most requested. Mazzucato, who is the director of the University College London Institute for Innovation and Public Purpose, specializes in the political economy of technological development and public sector investment. In our conversation, recorded in Madrid while at the Bloomberg CityLab conference, she explains her concept of the “mission economy,” her definition of state capacity, how to prevent top talent from fleeing to the private sector, and
Glass House Analysis
This story reflects the interconnected nature of modern economic systems, where developments in one sector inevitably affect others. Understanding these connections is essential for grasping how policy decisions and market movements translate into real-world outcomes for families, workers, and communities. The economy is not an abstract system of numbers—it's the sum total of decisions about who works, who prospers, and who struggles.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
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