The surge in brain disorders is having a notable effect on the economy. Brain Capital, which takes into account cognitive and non-cognitive brain abilities as well as brain health, is becoming increasingly essential to the world's economies. This is particularly evident in light of the progression of AI technology, which is substituting positions that require minimal skills.
This working paper is one of a series submitted for the Oct. 1, 2015, Baker Institute event "Currency Policy Then and Now: 30th Anniversary of the Plaza Accord."