Economy June 9, 2026 12:02 AM

A podcast case for rethinking economic purpose

Mariana Mazzucato urges a broader economic agenda in a conversation on The Big View

By Leila Farooq
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In a recent episode of The Big View, economist Mariana Mazzucato, author of 'The Common Good Economy', argues for expanding how the discipline defines its purpose. The episode - available on Apple, Spotify and the host's app, with a transcript - focuses on the difficulty of moving from diagnosis to actionable solutions and explores how economics could change to improve outcomes.

A podcast case for rethinking economic purpose
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Key Points

  • Mariana Mazzucato, author of 'The Common Good Economy', argues for a broader purpose for economics.
  • The Big View episode stresses that identifying malaise is straightforward but developing effective solutions is more challenging.
  • The podcast is distributed on Apple and Spotify, available via the programme's app, and accompanied by a transcript; related further reading touches on UK yields, IMF priorities, and policy responses to AI-related job risks.

LONDON, June 9 - Follow on Apple or Spotify. Listen on the app. Read the episode transcript.

Diagnosing malaise is easy; coming up with solutions is harder. That is a central take in a recent episode of The Big View, in which Mariana Mazzucato - the academic and author of 'The Common Good Economy' - makes the case for a wider conception of economic purpose.

In the episode, Mazzucato lays out why the discipline should consider expanding its goals and how that might alter the questions economists ask and the policies they propose. She speaks with the programme host about practical ways the field can improve its orientation toward public value.

The conversation is available across major podcast platforms and through the programme's app, with a full transcript for listeners who prefer to read.

Listeners are invited to follow the host on Bluesky and LinkedIn for updates related to the series.


Further reading:

  • Taming UK yields depends on economics not politics
  • IMF focus on global imbalances stays too abstract
  • Policy bazooka could fend off jobless AI world

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Risks

  • A tendency within economics to focus on diagnosis rather than actionable remedies could limit policy impact - affecting economic policy-making and markets.
  • An abstract focus by major institutions on global imbalances may leave practical policy gaps - impacting international policy and financial markets.
  • Technological change and a possible jobless AI future pose policy challenges that, if unaddressed, could affect labor markets and sectors sensitive to automation.

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