Book Hack
Mission EconomyBy Mariana Mazzucato

In a Nutshell

Economist Mariana Mazzucato explains how we can tackle today's burning social and economic issues by employing the mission-oriented tactics that led the first man to set foot on the moon.

Favorite Quote

The wrong question is: how much money is there and what can we do with it? The right question is: what needs doing and how can we structure budgets to meet those goals?

Mariana Mazzucato

Introduction

The COVID-19 pandemic has highlighted the flaws in our current economic system.

Governments around the globe failed to react on time, public healthcare systems crashed, many people were left unemployed, and important social and economic issues were pushed aside.

The pandemic has shown the world it is time to rethink capitalism and start focusing on solidarity and the common good.

Mariana Mazzucato is a professor of Economics at University College London and she is the founding member of their Institute for Innovation and Public Purpose.

Mazzucato is the chair of WHO's Council on Economics of Health for All. Her work focuses on the connections between technology, economics, and social change.

In Mission Economy, Mazzucato explores ways in which the current social, economic, and environmental crises could be solved.

The book is centered around the model of cooperation between the public and private sectors, a key component of the Apollo Mission.

Here are the 3 key insights from this Hack

  1. 1.
    The U.S. needs a different approach to public-private partnerships
  2. 2.
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  3. 3.
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