Mariana Mazzucato

Economist Researcher Italian-American Born 1968 (age 58)

Analyzes state's role in innovation and entrepreneurship economics.

418 quotes

"We need bold public institutions to tackle climate change, disease, and inequality."
Courage
"The state is the ultimate venture capitalist, and it should act like it."
Leadership
"Public institutions are not a burden on the economy; they are its foundation."
Strength
"The state is not just a redistributor of wealth; it is the creator of the conditions for wealth creation."
Politics
"Innovation requires us to understand that risk-taking is not reckless; it is strategic."
Courage
"We must stop romanticizing entrepreneurship and start understanding the real dynamics of value creation."
Work
"Public institutions have always been at the forefront of radical, high-risk innovation."
Leadership
"The narrative that the private sector is dynamic and the public sector is sluggish is fundamentally wrong."
Truth
"Value is not created by moving money around; it is created by producing something new."
Work
"We need to rethink how we measure and reward contribution to society."
Justice
"The internet, GPS, and touchscreen technology all came from public sector research."
Science
"Financial markets reward the appearance of value creation, not actual value creation."
Money
"We have allowed the finance sector to capture the narrative of capitalism itself."
Politics
"Entrepreneurship without understanding systemic risk is just gambling with other people's futures."
Wisdom
"Innovation ecosystems don't emerge from nowhere; they require deliberate public investment."
Knowledge
"We must distinguish between value creation and value extraction."
Truth
"The public sector has always taken on the most uncertain, capital-intensive risks."
Courage
"Austerity is not about fiscal responsibility; it is about ideological choice."
Politics
"Risk should be rewarded, but only if we're honest about who actually takes it."
Work
"The state is the most patient investor in the economy."
Patience
"We have created a system where financialization is rewarded more than innovation."
Money
"True entrepreneurship requires understanding your dependence on public institutions."
"The mythology of the lone entrepreneur is obscuring fundamental truths about innovation."
Truth
"Public institutions must be evaluated on their long-term impact, not quarterly returns."
Leadership
"We need a new social contract that rewards value creation, not value extraction."
Justice
"Innovation is not about disruption for its own sake; it is about solving real problems."
Wisdom
"The private sector follows where the public sector has led in risk-taking."
History
"Inequality is not inevitable; it is a policy choice."
Politics
"We must reclaim the public sector as a dynamic force for innovation and change."
Change
"Markets are not natural; they are created by institutions and choices."
Philosophy