Economist:Mariana Mazzucato
Mariana Mazzucato
Biography
Italian-American economist known for work on innovation and value creation.
School of Thought
Innovation Economics
Notable Quotes
On Intangible Assets and Valuation
"Value is created collectively, yet captured individually, leading to inequality."
—Mariana Mazzucato, The Value of Everything (2018), p. 276, PublicAffairs
On Innovation Cycles and Market Bubbles
"The state has been behind most of the revolutionary technologies of the past century."
—Mariana Mazzucato, The Entrepreneurial State (2013), p. 3, Anthem Press
Additional Notable Quotes
On Network Effects and Platform Monopolies
"We socialize risks but privatize rewards."
—Mariana Mazzucato, The Entrepreneurial State (2013), p. 193, Anthem Press
On AI Governance and Regulation
"Mission-oriented innovation can solve grand challenges."
—Mariana Mazzucato, Mission Economy (2021), p. 17, Harper Business
On Innovation Cycles and Market Bubbles
"Finance has stopped funding the real economy and funds itself."
—Mariana Mazzucato, The Value of Everything (2018), p. 142, PublicAffairs