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

We should be investing where the public returns are greatest - that is in innovation.

Rethinking capitalism means rethinking the role of the public sector, the role of the private sector, the role of finance, and the relationship between them all.

Fixing 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.

Unfortunately, simplistic framing of problems leads to simplistic answers.

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

People work hard and companies make big profits, but employees don't see that they share in the wealth they help to create.

Once we admit that the public sector takes an immense amount of risk along the entire innovation chain, it becomes crucial to find ways to share both risks and rewards.

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

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

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 investments towards transformational growth.

to love means to realize there is a time to let the beloved one go

Never deviate from the right way and you will improve.

When you want something badly enough it’s amazing what you’ll ignore.

Until the great mass of the people shall be filled with the sense of responsibility for each other's welfare social justice can never be attained.

Writing a memoir has a particularly excited sense of narcissism.

The most important three words you can say to yourself: Yes I can!

You can risk being wrong or you can be boring.

Victory and defeat are each of the same price.

So it's always helped me to have a foundation, an ideal to strive for and goals. It's hard for me to be disciplined and plan things.

World, world, O world! But that thy strange mutations make us hate thee/ Life would not yield to age.