Mariana Mazzucato is considered one of the most influential economists of modern times and her book, ‘The Entrepreneurial State’, has prompted a debate over industrial policy and the role of the state in innovation. But what should free-marketeers make of this?

To discuss this, IEA Director of Public Policy and Communications Matthew Lesh spoke to Alberto Mingardi, Director General of Istituto Bruno Leoni, Italy’s free‐​market think tank.