Bureaucrats a heterodox economist trusts big time to pick winners are too witless to phone to confirm her credit card details

Table of Contents

  1. Introduction: Thinking Big Again
  2. From Crisis Ideology to the Division of Innovative Labour
  3. Technology, Innovation and Growth
  4. Risk-Taking State: From ‘De-risking’ to ‘Bring It On!’
  5. The US Entrepreneurial State
  6. The State behind the iPhone
  7. Pushing vs. Nudging the Green Industrial Revolution
  8. Wind and Solar Power: Government Success Stories and Technology in Crisis
  9. Risks and rewards: From Rotten Apples to Symbiotic Ecosystems
  10. Socialization of Risk and Privatization of Rewards: Can the Entrepreneurial State Eat Its Cake Too?
  11. Conclusion

MARIANA MAZZUCATO is a Professor in Economics at the University of Sussex, where she holds the RM Phillips Chair in Science and Technology Policy. She is interested in the interactions between technological change, economic growth, and the ways that industries are structured. Her recent work has looked at the leading role of the State in fostering innovation, and hence the implications of ‘austerity’ for Europe’s ability to be an ‘Innovation Union’. In her last book The Entrepreneurial State she argues that active State investment has been the secret behind most radical innovations, and that this requires economists to analyse the State as market ‘maker’ and market ‘shaper’ not just market ‘fixer’.

History on Trial – Deborah Lipstadt and the fight for historical truth

‘The only really important public service I performed’: John Stuart Mill’s women’s suffrage amendment, 20 May 1867

perhaps the only really important public service I performed in the capacity of a Member of Parliament: a motion to strike out the words which were understood to limit the electoral franchise to males, thereby admitting to the suffrage all women who as householders or otherwise possess the qualification of all male electors.

The Victorian Commons

Our MP of the Month is John Stuart Mill (1806-73), who sat as Liberal MP for Westminster, 1865-8.

One hundred and fifty years ago this week, the House of Commons voted for the first time on the question of granting the parliamentary franchise to women. In this landmark division, an amendment to the Conservative ministry’s 1867 reform bill put forward by the Liberal MP for Westminster, John Stuart Mill, 75 MPs backed women’s suffrage. However, 196 MPs, including the Liberal party leader, William Gladstone, entered the opposite lobby.

In his autobiography, Mill, who sat in the Commons from 1865 until his defeat at the 1868 general election, described his amendment of 20 May 1867 as

by far the most important, perhaps the only really important public service I performed in the capacity of a Member of Parliament: a motion to strike out the words which were understood to limit…

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Could you survive on this?

#ClimateEmergency #globalwarming adding a surprise new word: drinkable English wine

#globalwarming causing an economic boom in Greenland @Greenpeace @jamespeshaw @NZGreens

Personal sacrifices are required in the name of the #ClimateEmergency

Akerlof’s lemons paper showed how markets profited from overcoming asymmetric information

@CosmopolitanUK forgot dangers to women from things as simple as walking alone at night, much less sharing sexually revealing private places with men who identify as women

Fancy dress companies should be reviewing their costume offerings in the wake of Trudeau’s folly

Point of Order

We wonder if Sparkling Strawberry Ltd – and other businesses which provide fancy dress costumes – have been obliged to review the range of garments they offer.

We mention SparklingStrawberry, based in Cheshire in the UK, after stumbling upon its website and running through its list of Fancy Dress Party Ideas

Here’s a few fancy dress ideas to inspire you when planning your Birthday, Halloween, Christmas, New Year’s Eve or Hogmanay fancy dress costume party. If you need any more excuses to throw a fancy dress party then you’ll find 52 reasons towards the bottom of this page.

An Alice in Wonderland party is one idea, but some of the suggestions in connection with this seem problematic.  The Mad Hatter, for example.  This is bound to give offence to the mentally enfeebled and/or their families.

The White Rabbit and White Queen raise racism issues.

But then we come to the…

View original post 1,057 more words

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