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Do not defund the BBC Feb 28,2021 - Last updated at Feb 28,2021 LONDON    In last year’s Reith Lectures, the BBC’s annual radio series, former Bank of England Governor Mark Carney observes that, since the 2008 financial crisis, norms and institutions have increasingly been defined by their monetary value. What is often missing from this discussion of price, is how to capture the real worth of the public institutions that enrich us. It is fitting that Carney makes this point on a BBC programme. After all, the BBC was the first public broadcaster to incorporate the notion of “public value” into its governance framework. The British Broadcasting Company has become, alongside the National Health Service and The Open University, one of the United Kingdom’s most beloved, globally renowned institutions, reaching an audience of around 460 million each week.

United statesUnited kingdomCity ofMariana mazzucatoMark carneyPublic broadcasting serviceWorld health organisation councilMission economyNational health serviceBritish broadcasting companyAcorn computersEconomics of healthInstitute for innovationPublic value at university college londonDigital futures commissionReith lectures