Mariana Mazzucato

Mainstream economic theories popular in the last several decades have tended to downplay the government's role in markets and to increase skepticism…

— Mariana Mazzucato

Government support is not only investing in upstream areas like basic research, but also in downstream areas like applied research and early-stage…

— Mariana Mazzucato

Rethinking capitalism means rethinking the role of the public sector, the role of the private sector, the role of finance, and the…

— Mariana Mazzucato

Too many politicians seem to reach for 'infrastructure' as the default answer to investment, as if roads and bridges were the answer…

— Mariana Mazzucato

Green is not just about renewable energy. It's also about creating a new direction for the whole economy. This requires government to…

— Mariana Mazzucato

Our current model of capitalism and the dominant ideas in policy making have led to a failure of investment by both the…

— Mariana Mazzucato

It's important that public funds be spent in research directions that are pushing market frontiers rather than working in existing areas. This…

— Mariana Mazzucato

Brexit and Trump have brought the problems of capitalism into sharp relief, but both are only making things worse. Take the investment…

— Mariana Mazzucato

While infrastructure is of course important, it must be part of a bigger vision. The point is not to simply dig ditches…

— Mariana Mazzucato

Brexit and Trump's election are forcing countries to come up with new radical ideas.

— Mariana Mazzucato

There is a lot of flesh to be put on the bones - but there is at least an opening for a…

— Mariana Mazzucato

Once we admit that the public sector takes an immense amount of risk along the entire innovation chain, it becomes crucial to…

— Mariana Mazzucato

The globalized nature of production and innovation means that the benefits don't necessarily stay in the country where the investments are made.

— Mariana Mazzucato

If we want growth today to be more innovation-driven, more inclusive and more sustainable, then we need a more active state, not…

— Mariana Mazzucato

An interesting attribute of public banks is that they don't only de-risk the downside, but also get a share of the upside.

— Mariana Mazzucato

Markets are not static entities that are 'intervened' in (for good or bad) but are outcomes of public and private interactions.

— Mariana Mazzucato

Fixing markets isn't enough. We have to actively shape and create them and tilt the playing field in the direction of the…

— Mariana Mazzucato

Brexit has shrunk the market opportunities. Exiting trade deals will do the same for the U.S. Those deals must be actively shaped…

— Mariana Mazzucato

I often use the iPhone as an example of how governments shape markets, because what makes the iPhone ‘smart’ and not stupid…

— Mariana Mazzucato

Real median household incomes in the U.S. were basically the same in 1989 as in 2014. But we are also seeing similar…

— Mariana Mazzucato

Most venture capital funds are too short-termist and exit-driven to deal with the highly uncertain and lengthy innovation process.

— Mariana Mazzucato

Unfortunately, simplistic framing of problems leads to simplistic answers.

— Mariana Mazzucato

Another similarity of Brexit and Trump's campaigns was an attack on so-called elites. This is not so much a failure of capitalism…

— Mariana Mazzucato

Companies prefer to put money in the pockets of shareholders or to hoard cash rather than to raise wages or invest.

— Mariana Mazzucato

Growth in productivity has diverged from growth in the share that working people can expect right across advanced economies, but this trend…

— Mariana Mazzucato