In 1962, then US president John F Kennedy dedicated his nation to reaching the Moon earlier than the last decade was up. It was an enormous enterprise, however one which finally succeeded, and likewise produced applied sciences corresponding to digital camera telephones and child components alongside the best way. However have governments as we speak misplaced the boldness and knowhow wanted to undertake such formidable challenges? That’s the rivalry of as we speak’s visitor, Mariana Mazzucato, professor within the economics of innovation and public worth at College School London. She believes states must rediscover mission-purpose and take the lead in fixing issues corresponding to local weather change, pandemics or water shortage.
Martin Wolf is chief economics commentator on the Monetary Occasions. Yow will discover his column right here
Subscribe to The Economics Present on Apple, Spotify, Pocket Casts or wherever you hear.
Learn a transcript of this episode on FT.com
View our accessibility information.
