Too many politicians seem to reach for 'infrastructure' as the default answer to investment, as if roads and bridges were the answer to everything. Even the IMF and the World Bank seem to mainly offer infrastructure spending as an alternative to austerity, although they are right to focus on the need for investment.
Mariana MazzucatoFixing markets isn't enough. We have to actively shape and create them and tilt the playing field in the direction of the growth we want.
Mariana MazzucatoThere is a lot of flesh to be put on the bones - but there is at least an opening for a more pragmatic, less ideological debate about how to build economies that work for people, within the limits of our planet.
Mariana MazzucatoThe actual division of labor must be reflected in the division of the rewards (and prices, which is the way the consumer gets rewarded).
Mariana Mazzucato