This economist believes the system is broken. Maybe she has a point

By John Hawkins, Senior lecturer, Canberra School of Government, University of Canberra

Governments need to work hand in hand with the private sector, rather than leaving business to its own devices. They should be “moving away from fixing market failures and government failures towards actively shaping how markets are governed”. International economist and adviser to governments, Mariana Mazzucato, argues this in her new book, the Common Good Economy.

Review: The Common Good Economy (A New Compass) – Mariana Mazzucato (Allen Lane/Penguin)

Mazzucato is known for

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