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).
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.
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.