Brexit has shrunk the market opportunities. Exiting trade deals will do the same for the U.S. Those deals must be actively shaped and governed to make growth more inclusive.
Mariana MazzucatoMarkets are not static entities that are 'intervened' in (for good or bad) but are outcomes of public and private interactions.
Mariana MazzucatoMainstream economic theories popular in the last several decades have tended to downplay the government's role in markets and to increase skepticism about even that more limited role. Austerity, particularly in Europe, has added to the problem. It has not worked, even on its own terms.
Mariana MazzucatoWith a Trump administration we don't know enough yet to make predictions, but if past behavior is any indication, I am not encouraged.
Mariana Mazzucato