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In this issue:
01 FROM THE PRESIDENT Nick Crafts contributes a Letter from the RES President
02 LETTER FROM AMERICA Daron Acemoglu writes about the return of industrial policy in the United States
05 READING ADAM SMITH An introduction to Glasgow’s Adam Smith at 300, by Glasgow’s Craig Smith
08 PROFILE We profile Past RES President Sir David Hendry, who notes the benefits of reading widely
10 CLIMATE POLICY Why the risk of free riding in climate policy means supply-side policies may be needed
12 ECONOMISTS AND THE PUBLIC Johnny Runge on the public understanding of economics
14 TEACHING CLIMATE CHANGE The second half of a summary of the RES Climate Change Summit, on teaching climate change
19 ECONOMIC JOURNAL A report on the last year at the Economic Journal, and its increasing impact factor
20 WOMEN’S COMMITTEE Caroline Coly on practical steps to address sexual harassment
22 OBITUARY An obituary of Sir Alan Budd, by Nick Macpherson
24 OBITUARY An obituary of Ray Rees, by Florian Englmaier
26 NEWS AND EVENTS Various items, including several related to Adam Smith
28 FROM THE ARCHIVE A monument to Adam Smith