Economist:Carlota Perez
Carlota Perez
Biography
Venezuelan-British scholar specializing in technology and socio-economic development.
School of Thought
Neo-Schumpeterian Economics
Notable Quotes
On Innovation Cycles and Market Bubbles
"Each technological revolution has two distinct periods: installation and deployment, separated by a turning point usually in the form of a crash."[1]
On Innovation Cycles and Market Bubbles
"Financial capital and production capital have different behaviors and different time horizons."[2]
On Creative Destruction in AI Era
"We are now in the deployment phase of the ICT revolution, which requires a shift from financial to production capital."[3]
References
Additional Notable Quotes
On AI Governance and Regulation
"Golden ages require the state to shape markets, not just fix them."[1]
On Innovation Cycles and Market Bubbles
"Technological revolutions have a lifecycle: irruption, frenzy, synergy, and maturity."[2]
On Productivity Paradox in Digital Age
"The deployment period is when the real benefits of the revolution spread across society."[3]