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

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.

The story was told, generation by generation, in song and in story, until time misted it into myth and legend. But some believed, as legends brought comfort.

Life has its ups and downs. When you are up, enjoy the scenery. When you are down, touch the soul of your being and feel the beauty.

If the bee disappeared off the surface of the globe, then man would have only four years of life left. No more bees, no more pollination, no more plants, no more animals, no more man.

Outward attacks and troubles rather fix than unsettle the Christian, as tempests from without only serve to root the oak faster; while an inward canker will gradually rot and decay it.

I have had many troubles in my life, but the worst of them never came.

Our good time is sitting in a coffee shop with a newspaper, writing a line on the back of a napkin. That is the most fun comedians ever have

Let a hundred flowers bloom.

No matter how hard people try break you down, or whoever tries to stomp on you. You will always have the same value. No one can change you.

It is deep January. The sky is hard. The stalks are firmly rooted in ice.