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Fools’ Gold links, March 2015

POSTED ON March 16th  - POSTED IN Blog

The first in an occasional series. Some further reading material, from recent articles elsewhere. 

Public risks, private rewards: how an innovative state can tackle inequality Mariana Mazzucato, New Statesman.
An original and important examination of the role of the state in promoting entrepreneurship and innovation, by prize-winning Prof. Mariana Mazzucato at Sussex University in the UK. “When we have a narrow theory of who creates value and wealth, we allow a greater share of that value to be captured by a small group of actors who call themselves wealth creators.” (FG: The dominant ‘competitiveness’ agenda involves showering these supposed ‘wealth creators’ with subsidies, paid for by others.) She is author of The Entrepreneurial State: debunking public vs. private sector myths.

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