The value of everything: rediscovering purpose in the economy (Joint Oxford Martin School/Blavatnik School of Government/INET Oxford Event)
This event is now fully booked
This is a joint event with The Institute for New Economic Thinking at the Oxford Martin School and the Blavatnik School of Government
The talk will argue that modern economic theory has led to the confusion between profits and rents, and hence the distinction between value creation and value extraction.
Using case studies – from Silicon Valley to the financial sector to big pharma, Professor Mariana Mazzucato, author of The Value of Everything: making and taking in the global economy, will demonstrate how the current rules of the system reward extractors over creators, and distort the measurements of growth and GDP. In the process, innovation suffers and inequality rises. To move to a different system – with growth that is more inclusive, sustainable and innovation-led – it is critical to rethink public value and public purpose in the economy.
31 January 2019, 17:00 (Thursday, 3rd week, Hilary 2019)
Blavatnik School of Government, Radcliffe Observatory Quarter OX2 6GG
Mariana Mazzucato (University College London)
INET Oxford (University of Oxford),
Blavatnik School of Government (University of Oxford),
Oxford Martin School (University of Oxford)
Organiser contact email address:
Blavatnik School of Government (University of Oxford)
Oxford Martin School Lecture Series: Evolving economic thought