It's important that public funds be spent in research directions that are pushing market frontiers rather than working in existing areas. This means funding research not only on drugs but also on areas like life-style changes, even if the profit potential is lower for Big Pharma as you cannot sell that change as you can sell a medicine.
People work hard and companies make big profits, but employees don't see that they share in the wealth they help to create. - Mariana Mazzucato
People work hard and companies make big profits, but employees don't see that they share in the wealth they help to create.
- Mariana Mazzucato
Rethinking capitalism means rethinking the role of the public sector, the role of the private sector, the role of finance, and the relationship betwe… - Mariana Mazzucato
Rethinking capitalism means rethinking the role of the public sector, the role of the private sector, the role of finance, and the relationship betwe…
While infrastructure is of course important, it must be part of a bigger vision. The point is not to simply dig ditches but to steer those 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 but to steer those investment…
Green is not just about renewable energy. It's also about creating a new direction for the whole economy. This requires government to step up, not st… - 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 step up, not st…
Markets are not static entities that are 'intervened' in (for good or bad) but are outcomes of public and private interactions. - Mariana Mazzucato
Markets are not static entities that are 'intervened' in (for good or bad) but are outcomes of public and private interactions.
Government support is not only investing in upstream areas like basic research, but also in downstream areas like applied research and early-stage fi… - 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 fi…
Unfortunately, simplistic framing of problems leads to simplistic answers. - Mariana Mazzucato
Unfortunately, simplistic framing of problems leads to simplistic answers.
We should be investing where the public returns are greatest - that is in innovation. - Mariana Mazzucato
We should be investing where the public returns are greatest - that is in innovation.
Our current model of capitalism and the dominant ideas in policy making have led to a failure of investment by both the public and the private sector… - Mariana Mazzucato
Our current model of capitalism and the dominant ideas in policy making have led to a failure of investment by both the public and the private sector…
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