Stefan Eich: "It is never the case that money ceases to be political but merely that it is removed from democratic politics." I just finished Eich's book, not necessarily an easy read, but an important book on why money should not be left to economists and central bankers.

There seems to be a growing acknowledgement around the word that Keynes was right when he proposed at Bretton Woods a global trading regime that limited persistent trade imbalances and restricted global financial flows. In her new Foreign Affairs piece, Lori Wallach proposes a similar restructuring of the global trading regime, arguing that because our current trading system rewards countries that improve their manufacturing competitiveness by suppressing wage growth relative to productivity growth (and by ignoring environmental costs), it's no surprise that income inequality has risen across most countries over the past four decades. Like a growing number of analysts, she argues that countries should be free to choose their own growth models, but they should not be able to externalize the associated costs via their trade and capital accounts. @WallachLori foreignaffairs.com/united-st… via @ForeignAffairs