Mission Economy (with Mariana Mazzucato)

Pitchfork Economics with Nick Hanauer

Civic Ventures

Business, Government, News, Politics

4.8 • 1.5K Ratings

🗓️ 2 August 2022

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

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Summary

What do the internet and COVID vaccines have in common? Neither would be possible without the work of DARPA, a mission-focused federal agency responsible for funding research and development. Professor Mariana Mazzucato explains that our economy would be better off if more government agencies adopted DARPA’s mission-oriented approach. This episode was originally released in May 2021. You can find the show notes and transcript for that episode here. Mariana Mazzucato is a Professor in the Economics of Innovation and Public Value at University College London, where she is Founding Director of the UCL Institute for Innovation and Public Purpose. She is the author of three highly-acclaimed books: The Entrepreneurial State, The Value of Everything, and Mission Economy. Twitter: @MazzucatoM Mission Economy: https://marianamazzucato.com/books/mission-economy It’s 2023. Here’s how we fixed the global economy: https://time.com/collection/great-reset/5900739/fix-economy-by-2023 DARPA’s early investment in COVID-19 antibody identification producing timely results: https://www.darpa.mil/news-events/2020-11-10 Website: https://pitchforkeconomics.com Twitter: @PitchforkEcon Instagram: @pitchforkeconomics Nick's twitter: @NickHanauer

Transcript

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0:00.0	Hi, Pittsburgh Economics listeners. I'm Ashley, one of the producers here at the show.
0:04.1	We're taking a break this summer, which means no new episodes,
0:07.7	but in the meantime, we're re-releasing some of our favorite past episodes,
0:12.4	like this one from May 2021 with Mariana Matsukato.
0:16.8	Listen, as she argues, that our economy would be much better off
0:20.7	if more government agencies adopted the mission-oriented approach that DARPA has.
0:25.8	And don't forget to follow the show on Apple Spotify or wherever you listen,
0:29.5	and please leave us a five-star rating or review.
0:34.0	Mariana Matsukato is the author of a new book called The Mission Economy and Moonshot Guide to
0:40.4	Changing Capitalism. So when you say Moonshot, you don't just mean something big.
0:45.6	You mean a different theory and style of governance?
0:48.7	Absolutely, and I literally mean the everyday stuff that government does.
0:53.4	The book is really about rethinking the intra-organizational governance of the state
0:58.0	in order for it to be really ambitious.
1:05.0	From the home offices of civic ventures in downtown Seattle,
1:08.1	this is pitchfork economics, with Nick Hanauer, the best place to get the truth about who gets what and why.
1:20.9	I'm Nick Hanauer, founder of Civic Ventures.
1:24.2	I'm David Goldstein, senior fellow at Civic Ventures.
1:32.2	So Goldie, today we get to talk to one of my favorite people, Mariana Matsukato,
1:37.5	who's an economics professor at University College London, and is the author of a new book,
1:44.3	another book called The Mission Economy and Moonshot Guide to Changing Capitalism.
1:49.2	She is just brilliant. She lives in London, and she'll be with us from there today.
	...

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