These are not hunger or bread riots. These are riots of defective and disqualified consumers. Revolutions are not staple products of social inequality; but minefields are. Minefields are areas filled with randomly scattered explosives: one can be pretty sure that some of them, some time, will explode – but one can’t say with any degree of certainty which ones and when. Social revolutions being focused and targeted affairs, one can possibly do something to locate them and defuse in time. Not the minefield-type explosions, though. In case of the minefields laid out by soldiers of one army you can send other soldiers, from another army, to dig mines out and disarm; a dangerous job, if there ever was one – as the old soldiery wisdom keeps reminding: “the sapper errs only once”. But in the case of minefields laid out by social inequality even such remedy, 

In the 1990s, Paul Romer revolutionized economics. In the aughts, he became rich as a software entrepreneur. Now he’s trying to help the poorest countries grow rich—by convincing them to establish foreign-run “charter cities” within their borders. Romer’s idea is unconventional, even neo-colonial—the best analogy is Britain’s historic lease of Hong Kong. And against all odds, he just might make it happen.

Halfway through the 12th century, and a long time before economists began pondering how to turn poor places into rich ones, the Germanic prince Henry the Lion set out to create a merchant’s mecca on the lawless Baltic coast. It was an ambitious project, a bit like trying to build a new Chicago in modern Congo or Iraq. Northern Germany was plagued by what today’s development gurus might delicately call a “bad-governance equilibrium,” its townships frequently sacked by Slavic marauders such as the formidable pirate Niclot the Obotrite. But Henry was not a mouse.