The Economic Ripples of the Iran Conflict: Understanding the Price We Pay
Renowned economist Mariana Mazzucato discusses the far-reaching economic consequences of the Iran war and who ultimately bears the burden.
As tensions continue to flare in the Middle East, renowned economist Mariana Mazzucato sits down with Redi Tlhabi to analyze the broader economic implications of the ongoing conflict with Iran. Mazzucato, known for her trailblazing work on the role of the public sector in driving innovation, offers a penetrating perspective on who will ultimately shoulder the financial burden of this geopolitical upheaval.
In the wake of the U.S. drone strike that killed Iranian general Qasem Soleimani, the global markets have experienced increased volatility, with oil prices spiking and investor confidence wavering. But Mazzucato cautions that the true economic costs go far beyond the immediate financial turmoil.
Source: Al Jazeera
