There is also much closet support for the way Malaysia flouted conventional wisdom by imposing capital controls (including within the IMF, now that predictions of doom have proved unfounded).

CNN: FIXING THE WORLD

The new conventional wisdom is that, while free capital flows bring more benefits than risks, temporary controls on capital inflows can be a useful tool to have at hand.

ECONOMIST: Can capital controls stop poor countries crashing?

Johnson Controls is one of the companies to push the envelope in this arena, in tandem -one would hope- with venture capital that can see the wisdom in energy efficiency multiplied by every individual household and building.

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Conventional wisdom says you need lots of local venture capital to nourish startups.

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The conventional wisdom is that high taxes on returns to capital are damaging to economic growth taxes on labour income not so much.

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By the time he sat down to write his account in "Seven Pillars of Wisdom, " the railway was in tatters and Amman was capital of the new Emirate of Transjordan -- both thanks, chiefly, to Faisal and Lawrence's revolt.

CNN: , for

For years the conventional wisdom around bank stocks is that once the mortgage mess was worked off and capital concerns abated the stocks would trade based on their earnings potential of their banking franchises.

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