Rethinking FinanceAlternative voices for a new financial architecture

During the past 10 years, the shortcomings of the international financial institutions in dealing with the problems of the modern economy became all too apparent. But despite a torrent of rhetoric about a new Bretton Woods, the world ends the decade with much the same system as it began. The lesson is that institutional fiddling is not a substitute for political courage. Financial Times, 27 December.