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"The state must set the framework for the markets to function (...) but in the long run, innovation needs a competitive private sector".

— Alessandro Magnoli Bocchi

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More quotes by Alessandro Magnoli Bocchi

"In an era of complexity, quantum thinking is needed – particularly in central banking".

"We need to learn how to manage ‘non-linear feedback loops’, ‘quantum jumps’, and the unpredictable consequences any event can bring about".

"Future shocks could exceed the ‘ability to respond’ of governments, businesses and citizens".

"From Athens’ ‘Thirty Tyrants’ to the rise of Hitler, democracy always failed “from inside”. The shift towards authoritarianism was favored by: 1) rapidly changing contexts; 2) inept rulers; and 3) weak institutions".

"Every day, 1) ‘simple systems’ become complex: for example, a village becomes part of a city; and 2) ‘complex systems’ become more complex: for instance, financial markets embrace machine learning. Often, an increase in complexity leads to unintended consequences".

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Quote text and notes from Wikiquote: Alessandro Magnoli Bocchi (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.