logo
episode-header-image
Mar 2024
18m 28s

Business Daily meets: Mariana Mazzucato

Bbc World Service
About this episode

The world's major consulting firms make an estimated trillion dollars a year, directing governments and businesses on how best to govern.

But the economist Mariana Mazzucato argues that outsourcing the brain power of governments to private firms is a dangerous trend.

Ed Butler asks her why she thinks it isn't money well spent.

(Picture: Mariana Mazzucato. Credit: Getty Images)

Presented and produced by Ed Butler

Up next
Yesterday
Spain's power blackout: what went wrong?
On the morning of the 28th of April, Spain lost electric power equivalent to that generated by ten nuclear plants, leaving the whole of the Iberian Peninsula, including Portugal and parts of France, without electricity for up to 12 hours. We examine the cause of the blackout that ... Show More
17m 28s
Aug 21
Business Daily meets: Spencer Horne
The South African entrepreneur tells us about his experience growing up under the apartheid regime, before securing a scholarship that would take him to Harvard University in the US.He's now returned home to set up Cloudline, an airship company which aims to deliver goods and car ... Show More
17m 29s
Aug 20
Are you a personality hire?
The trend has taken off on social media as it's resonated with office workers around the world. So what value does an extroverted colleague bring to a company? And is it fair, or even legal, for businesses to recruit for specific personality types?Produced and presented by Imran ... Show More
17m 28s
Recommended Episodes
Feb 2023
The big consultancy con, with Mariana Mazzucato
Megan Gibson speaks to the economist and author Mariana Mazzucato, professor at the UCL Institute for Innovation and Public Purpose. The Big Con is her latest book, co-written with Rosie Collington, which exposes the consequences of governments’ dependency on consultancies such a ... Show More
28m 49s
Jan 2022
Mariana Mazzucato: The space race and our economic futures
What is the galvanising force behind transformational economic change? Capitalism encourages us to look to the raw power of markets as the driver of innovation. But is that really true? Stephen Sackur speaks to the economist Mariana Mazzucato. Her faith in the transformational po ... Show More
23m 39s
Dec 2018
Mariana Mazzucato, economist
Professor Mariana Mazzucato is an economist, who focuses on value and innovation. Born in Italy, Mariana moved to America as a child, when her father accepted a post at Princeton University. She has lived in the UK for the last 20 years and is currently Professor in the Economics ... Show More
36m 40s
Sep 2018
348. Is the Government More Entrepreneurial Than You Think?
We all know the standard story: our economy would be more dynamic if only the government would get out of the way. The economist Mariana Mazzucato says we’ve got that story backward. She argues that the government, by funding so much early-stage research, is hugely responsible fo ... Show More
34m 43s
Oct 2022
4 Business Ideas That Changed the World: Scientific Management
In 1878, a machinist at a Pennsylvania steelworks noticed that his crew was producing much less than he thought they could. With stopwatches and time-motion studies, Frederick Winslow Taylor ran experiments to find the optimal way to make the most steel with lower labor costs. It ... Show More
46m 17s
Oct 2023
Indicator exploder: jobs and inflation
When someone says "the economy is doing well"—what does that even mean? Like, for workers, for employers, for the country as a whole? According to what calculation? How do you put a number on it? The world of economics is filled with all sorts of "measuring sticks." GDP. Inflatio ... Show More
18m 29s
Feb 2023
Behavioral Economics For Consultants: Use Psychology To Grow Your Business With Melina Palmer: Podcast #277
In the consulting space, your world revolves around human interaction. So when growing your business, we must also look at human behavior, what motivates them, and how we can leverage that. In today’s episode, Melina Palmer, CEO of The Brainy Business, explains how behavioral eco ... Show More
37m 17s
Jan 2023
1457: Tori Dunlap, Author of Financial Feminist and Founder of Her First $100k
Globally-recognized personal finance educator, podcast host, and social media star Tori Dunlap joins the show to talk her book, Financial Feminist: Overcome the Patriarchy's Bullsh*t to Master Your Money and Build a Life You Love. It is an inclusive guide to all things money—from ... Show More
35m 42s
Feb 2022
The Making of Silicon Valley — with Margaret O’Mara
Margaret O’Mara, a professor of history at the University of Washington, joins Scott to discuss how tech has and will continue to shape the economic map of the US, as well as the importance of public investment in the tech sector. Follow Professor O’Mara on Twitter, @margaretomar ... Show More
57m 44s
Jul 2023
Prof G Markets: Inflation’s Descent, Sam Altman’s SPAC, and Private Equity’s Latest Target
This week on Prof G Markets, Scott breaks down what the latest inflation data means for the American economy. He then shares his thoughts on OpenAI CEO Sam Altman taking a nuclear power company public via SPAC. Finally, he explains why private equity firms are circling mom-and-po ... Show More
44m 6s