Economist:Mariana Mazzucato

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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."[1]

On Innovation Cycles and Market Bubbles

"The state has been behind most of the revolutionary technologies of the past century."[2]


References

  1. Mariana Mazzucato, The Value of Everything (2018), p. 276, PublicAffairs
  2. 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."[1]

On AI Governance and Regulation

"Mission-oriented innovation can solve grand challenges."[2]

On Innovation Cycles and Market Bubbles

"Finance has stopped funding the real economy and funds itself."[3]

  1. Mariana Mazzucato, The Entrepreneurial State (2013), p. 193, Anthem Press
  2. Mariana Mazzucato, Mission Economy (2021), p. 17, Harper Business
  3. Mariana Mazzucato, The Value of Everything (2018), p. 142, PublicAffairs