True, most formal global organisations, such as the United Nations, remain weak.

ECONOMIST: Good fences

However, while a certain amount of distrust and wariness is proper when dealing with political speech, it is also true that in certain instances rhetoric and formal policy commitments can matter quite a lot.

FORBES: Putin's "Eurasian Union" - Not a Bad Idea!

If the next presidency is to show true seriousness on reducing inequality as it has developed in recent generations in this country, a formal reform of the monetary system in the direction of permanent dollar stability will be required.

FORBES: Inequality Is The Child Of Fiat Money