A scathing indictment of our current global financial system, 'The Value of Everything' rigorously scrutinizes the way in which economic value has been accounted and reveals how economic theory has failed to clearly delineate the difference between value creation and value extraction. Mariana Mazzucato argues that the increasingly blurry distinction between the two categories has allowed certain actors in the economy to portray themselves as value creators, while in reality they are just moving around existing value or, even worse, destroying it.
About the Author
Mariana Mazzucato is Professor in the Economics of Innovation and Public Value at University College London where she is Founding Director of the Institute for Innovation and Public Purpose. Her award-winning books include The Entrepreneurial State: Debunking Public vs. Private Sector Myths (2013) and The Value of Everything: Making and Taking in the Global Economy (2018). She advises policy makers around the world on innovation-led, inclusive and sustainable growth. Her current roles include being Chair of the World Health Organization s Council on the Economics of Health for All and a member of the Scottish Government s Council of Economic Advisors, the South African President s Economic Advisory Council, the UN High Level Advisory Board for Economic and Social Affairs, the UK s Innovation Expert Group, Argentina s Economic and Social Council, Vinnova s Advisory Panel in Sweden, and Norway s Research Council. She has won many prizes including the 2020 John von Neumann award, the 2019 All European Academies Madame de Staël Prize for Cultural Values and the 2018 Leontief Prize for Advancing the Frontiers of Economic Thought. In 2021, she received the Grande Ufficiale Ordine al Merito della Repubblica Italiana, Italy s highest civilian honour. She was named as one of the 3 most important thinkers about innovation by The New Republic, one of the 50 most creative people in business in 2020 by Fast Company, and one of the 25 leaders shaping the future of capitalism by WIRED.
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