Third Quarter 2016

Third Quarter 2016

Hydrogen is Sexy

Suck it up. by Lawrence M. Fisher

Fodder for the Blame Game

Mars vs. Venus. by William H. Frey

Social Mobility

The dream is in reach – barely. by Richard V. Reeves & Isabel Sawhill

Rethinking Capital Controls

But who makes the rules? by Barry Eichengreen

Disruption... Disrupted

The emperor needs a makeover. by Frank Rose

Our Stake in Their Development

We can’t go it alone. by Steven Radelet

Development 2.0

It’s not what you think. by Javier Ekboir

Searching for Growth in an Unstable Global Economy

Mikhail Fridman and Anatole Kaletsky on the wealth of nations.

The End of Alchemy

Mervyn King on how to prevent the next financial collapse.

No Country for Old Women

The dementia scourge. by Ross DeVol & Sindhu Kubendran

Institute News

Busy, busy.

Summary of this Issue

richard reeves and isabel sawhill, both senior fellows at the Brookings Institution, dispute the widespread conviction that the opportunity to move up the socioeconomic ladder through hard work is alive and well in America. Former New York Times reporter larry fisher brings us up to date on the economics and politics of carbon capture and storage as a means of slowing climate change. University of California, Berkeley economist barry eichengreen reconsiders the uses (and abuses) of government controls on international capital movements. Columbia University Senior Fellow frank rose casts a gimlet eye on what Harvard Business School prof Clayton Christensen's "disruption theory" – an explanation for why rich, seemingly well run corporations have a way of getting knocked off by upstarts. Former USAID chief economist steve radelet takes the measure of slackening buoyancy in emerging markets. Our own ross devol and sindhu kubendran document the economic consequences of the reality that two-thirds of the victims of dementia in America are women. LetterOne Chairman mikhail fridman and Institute for New Economic Thinking Chairman anatole kaletsky explore the difficulties emerging-market countries are having in rekindling growth. Buenos Aires-based consultant javier ekboir revisits the view that Southeast Asia is the template for economic development in the late-starters. Former Bank of England head mervyn king offers an ambitious plan for preventing the next financial collapse.