Mariana Mazzucato is one of the most influential—and for some, the “scariest”—economists in the world.
In her latest book, Mission Economy: A Moonshot Guide to Changing Capitalism, Mazzucato argues that capitalism is stuck. Even before the COVID-19 pandemic, it had no answers to a host of problems, including disease, inequality, the digital divide and, perhaps most concerningly, the environmental crisis. Mazzucato argues that governments and other public sector institutions must play a critical role—in partnership with the private sector and engaged citizens—in leading missions to tackle the grand challenges of our times.
A Professor in the Economics of Innovation and Public Value at University College London (UCL) and a 2020 SFU honorary degree recipient, Mazzucato advises policymakers around the world on innovation-led, inclusive and sustainable growth. She and her team at UCL’s Institute for Innovation and Public Purpose (IIPP) have been hired by the Government of British Columbia to advise on a long-term economic plan that will steer the province through the post-pandemic era.
Mazzucato will challenge us to reconceptualize value and think about how mission-oriented innovation could contribute to British Columbia’s unique economic context. The lecture will be followed by a conversation and audience Q&A moderated by Stephanie Bertels, Director of SFU Beedie’s Centre for Corporate Governance and Sustainability.
Mariana Mazzucato (PhD) is Professor in the Economics of Innovation and Public Value at University College London (UCL), where she is Founding Director of the UCL Institute for Innovation & Public Purpose (IIPP). She is winner of international prizes including the 2020 John von Neumann Award, the 2019 All European Academies Madame de Staël Prize for Cultural Values, and 2018 Leontief Prize for Advancing the Frontiers of Economic Thought. 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 50 most creative people in business by WIRED.
She is the author of three highly-acclaimed books: The Entrepreneurial State: Debunking Public vs. Private Sector Myths (2013), The Value of Everything: making and taking in the global economy (2018) and the newly released, Mission Economy: A Moonshot Guide to Changing Capitalism (2021).
She advises policymakers around the world on innovation-led inclusive and sustainable growth. Her current roles include being Chair of the World Health Organization’s Economic Council on Health for All and a member of the South African President’s Economic Advisory Council, the Scottish Government’s Council of Economic Advisors, and the United Nations High-level Advisory Board (HLAB) on Economic and Social Affairs, among others.
Dr. Stephanie Bertels is the VanDusen Professor of Sustainability and the Director of the Centre for Corporate Governance and Sustainability at SFU’s Beedie School of Business. Stephanie is also the founder of the Embedding Project, a public-benefit research collaborative that develops practical tools to help companies embed social and environmental factors across their operations and decision-making. She regularly advises global companies and their boards on issues related to strategy, governance, and environmental and social sustainability.
JOHN M. MUNRO LECTURE ENDOWMENT