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SUMMARY:2016 Annual Public Policy Lecture: Smart and Inclusive Growth\, a 
 New Narrative on Wealth Creation - Professor Mariana Mazzucato\, Universit
 y of Sussex
DTSTART:20161206T170000Z
DTEND:20161206T190000Z
UID:TALK69189@talks.cam.ac.uk
CONTACT:48385
DESCRIPTION:Building on the core ideas in my book The Entrepreneurial Stat
 e: debunking private vs. public sector myths\, the talk will highlight the
  narrow way in which public policy is viewed in economics and the implicat
 ions of this for our understanding of wealth creation. Focusing on the rel
 ationship between the State and innovation-led growth\, the talk will look
  at the key role that public policies have had in envisioning change\, and
  taking on extreme risk and uncertainty in the innovation process. This ha
 s entailed the State acting not just as lender of last resort\, but as inv
 estor of first resort. In this context\, economic policy is more about mar
 ket making and shaping\, rather than just a market fixing. The talk will t
 hen consider the implications of this different understanding of public po
 licy\, for a more 'collective' understanding of wealth creation\, and ways
  to ensure that not only risks but also rewards are socialised.\n\nPlease 
 register at: https://www.eventbrite.co.uk/e/2016-annual-public-policy-lect
 ure-by-prof-mariana-mazzucato-tickets-29051773637
LOCATION:SG1/2 Alison Richard Building\, Cambridge
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