The question is how long that can be a clinching argument in electoral politics.

WSJ: Bookshelf: India's Past, Present, and Perhaps Future

Even if true, this is not a clinching argument for central banks' silence.

ECONOMIST: Economics focus

This may prove to be the clinching argument.

ECONOMIST: Lexington

But the clinching argument is about presentation.

ECONOMIST: National insurance

That is hardly a clinching argument.

ECONOMIST: Schumpeter

But the big, indeed clinching, argument for a separate body overseeing financial stability is that the cause might otherwise slip.

ECONOMIST: The Bank of England

Some defenders of bilateralism admit all this, but cling to one argument they regard as clinching that bilateral agreements are at least possible, whereas the chances of concluding Doha seem ever more remote.

ECONOMIST: Trade agreements

Do note though that this argument about efficiency is not a clinching one.

FORBES: Taxing Capital Isn't About Fair: It's About Efficiency