Mariana Mazzucato

Economist Researcher Italian-American Born 1968 (age 58)

Analyzes state's role in innovation and entrepreneurship economics.

418 quotes

"We need to celebrate public entrepreneurs as much as private ones."
Inspiration
"Austerity policies have hindered rather than helped innovation."
Change
"The state's willingness to lose money is what allows breakthrough innovation."
Success
"We've confused profit with purpose in our economy."
Philosophy
"Public institutions have funded the riskiest innovations in human history."
History
"The myth of the market's efficiency blinds us to public sector achievements."
Truth
"Value chains are actually value webs, with public institutions at the center."
Knowledge
"We need a political economy that acknowledges the role of bold public institutions."
Politics
"Entrepreneurship is not the private sector's monopoly."
Creativity
"The public sector must be mission-driven, not profit-driven."
"Innovation requires institutional diversity, including strong public organizations."
Wisdom
"We've adopted a neoliberal ideology that undervalues collective action."
Politics
"Public institutions should be judged on their mission impact, not accounting returns."
Leadership
"The state's role in innovation is not accidental; it is structural."
Science
"We need to invest in public institutions with the same boldness we use elsewhere."
Courage
"The green revolution requires public institutions willing to invest long-term."
Nature
"Market failures are real, but state capacity failures are worse."
Philosophy
"Public entrepreneurship is not an oxymoron; it is a necessity."
Work
"The creative state is more important than the creative class."
Art
"We've made the state too small to solve big problems."
Change
"Public institutions are not the problem; underfunded ones are."
Justice
"Innovation ecosystems without strong public anchors become unsustainable."
"The state must be willing to experiment, fail, and iterate."
Courage
"We've confused fiscal austerity with fiscal discipline."
"Public sector innovation requires institutional autonomy and long-term vision."
Leadership
"The private sector's success is often built on public sector's failures and learning."
History
"Stakeholder capitalism without public institutions is just window dressing."
Truth
"We need a narrative about public institutions that celebrates their role in progress."
Inspiration
"The state's mission is not to maximize efficiency but to maximize social value."
Philosophy
"Public institutions have earned the right to be bold."
Strength