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Capitalism’s Triple Crisis — Mariana Mazzucato

Summary:
After the 2008 financial crisis, we learned the hard way what happens when governments flood the economy with unconditional liquidity, rather than laying the foundation for a sustainable and inclusive recovery. Now that an even more severe crisis is underway, we must not repeat the same mistake.... Project Syndicate Capitalism’s Triple CrisisMariana Mazzucato | RM Phillips chair in the Economics of Innovation at SPRU in the University of Sussex

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After the 2008 financial crisis, we learned the hard way what happens when governments flood the economy with unconditional liquidity, rather than laying the foundation for a sustainable and inclusive recovery. Now that an even more severe crisis is underway, we must not repeat the same mistake....
Project Syndicate
Capitalism’s Triple Crisis
Mariana Mazzucato | RM Phillips chair in the Economics of Innovation at SPRU in the University of Sussex
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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