348. Is the Government More Entrepreneurial Than You Think?

Published: Sept. 6, 2018, 3 a.m.

b'We all know the standard story: our economy would be more dynamic if only the government would get out of the way. The economist Mariana Mazzucato says we\\u2019ve got that story backward. She argues that the government, by funding so much early-stage research, is hugely responsible for big successes in tech, pharma, energy, and more. But the government also does a terrible job in claiming credit \\u2014 and, more important, getting a return on its investment.'