Summary

Governments need to work hand in hand with the private sector, rather than leaving business to its own devices. They should be "moving away from fixing market failures and government failures toward actively shaping how markets are governed." International economist and government adviser Mariana Mazzucato argues this in her new book, "The Common Good Economy." Mazzucato is known for arguing that, all too often, the public sector socializes risks while privatizing rewards .

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