“The Entrepreneurial State” by Mariana Mazzucato

Marina Mazzucato’s The Entrepreneurial State aims to dispel the harmful myth that innovation is solely the result of entrepreneurial minds working in laissez-faire environments with backing from dynamic venture capitalists, and that the state is a lumbering impediment to revolutionary research and development. Mazzucato contends that this view, put forward by the USA and others, is far from the truth, and using an armoury of … Continue reading “The Entrepreneurial State” by Mariana Mazzucato

Ed PenneySeptember 8, 2017March 27, 2023Leave a comment

Credit card debt is the next big threat to the US economy

In June, US credit card debt reached record levels. The $1.02 trillion in outstanding credit card loans passed the pre-crisis peak set in 2008. Although the US economy is seen to be strengthening in most sectors, some see this as a genuine threat to the stability of the economy, and one which, if realised, would have a disastrous effect on everyone involved. Excessive credit card … Continue reading Credit card debt is the next big threat to the US economy

Ed PenneySeptember 8, 2017March 27, 2023Leave a comment