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But there are important, if more modest, lessons that we can learn from Copenhagen.
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Economists at the Peterson Institute for International Economics in Washington, DC, reckon that the euro-dollar exchange rate required to keep America's current-account deficit at a sustainable level is around $1.47 not far below today's value.Yet even if the dollar rally turns out to be modest, the lesson of the past week is that America's economy is not uniquely frail.
Before leaving, he found a number of pupils for Jules; the modest earnings from those lessons, supplemented by fees earned by both brothers as members of synagogue choirs, supported them during their studies.
Visual gags aside, you could spend a whole weekend here just soaking up Aalto's legacy, in which case you'll want to take a taxi to the late architect's house in the northern suburbs – a lesson in modest elegance.
It offered piano lessons for a modest fee, and franchises spread to other cities.
Sometimes the results are more - shall we say - modest, more a vehicle for lessons learned.
In an experimental study, Schellenberg [29] also showed that a group of six year-olds who received keyboard or singing lessons in small groups for 36 weeks had significantly larger (although modest) increases in full-scale IQ and standardized educational achievement than did matched groups of children receiving either drama lessons or no lessons.
"The Future of Power" is a grand title for a book with an essentially modest ambition but one that contains a fundamental lesson, nonetheless.For much of the book Mr Nye sets out a taxonomy of 21st-century power.
Instead, it appears to have turned into an object lesson in how even a modest effort at openness by President Dmitri A. Medvedev can run aground on the unforgiving shoals of Russian bureaucracy.
But one of the lessons of history is that very modest efforts can save large numbers of lives.
"Lessons in Disaster" caused only a modest stir when published in November, but The Times Book Review cheered it as "an extraordinary cautionary tale for all Americans".
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