"We need to understand and resolve discontent, preventing valid social issues from falling into nationalism". Original quote: "Bisogna capire e risol… - Alessandro Magnoli Bocchi

"We need to understand and resolve discontent, preventing valid social issues from falling into nationalism". Original quote: "Bisogna capire e risolvere lo scontento, evitando che valide istanze sociali cadano nel nazionalismo".

Italian
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About Alessandro Magnoli Bocchi

Alessandro Magnoli Bocchi (born 25 April 1968), is an Italian economist, investment professional and manager.

Also Known As

Alternative Names: Alessandro Magnoli
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Additional quotes by Alessandro Magnoli Bocchi

"The question “state or markets?” is poorly posed. The dichotomy between “intervention - state - planning - equity” and “laissez faire - private sector - market - efficiency” stems from inappropriate consequential reasoning: the state can be inequitable and the market inefficient. Debates about primacy should end: state and market are complementary - not substitutes. Whenever governments and markets have worked well together, the results have been spectacular: ‘moon landing’ is the most quoted, quintessential example".

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"[In Italy,] continuing to do 'what has always been done' is not convenient: living on rents and clinging to the past would equate to a slow suicide, because in the meanwhile risks would rise and the economy would get exposed to potential adverse shocks. If not challenged, the “I hope I get through” mentality will lead to shipwreck or irrelevance – which is the same". Original quote: "[In Italia,] continuare a fare ‘ciò che si è sempre fatto’ non conviene; vivere di rendita, aggrappati al passato, sarebbe un lento suicidio, perché nel frattempo i rischi aumentano e l’economia viene esposta a potenziali shock avversi. Se elevata a sistema, la mentalità dell’“io speriamo che me la cavo” porterà al naufragio o all’irrilevanza – che è lo stesso".

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