Increased fragmentation of production across international borders - a natural outgrowth of the gains from specialization - meant more trade for any given value of final production, thus adding to the major expansion in gross trade flows in the 1990s and 2000s.
When investors, particularly investment bankers, talk about splitting up companies, there's a lot of discussion about multiple expansion, and the reality is multiple expansion is an outcome, not a strategy.
The United States must recognize that access to reliable and affordable energy is the basis for economic expansion - and global competitiveness. And the nation must move from discouraging fossil fuel development - which is largely our approach today - to enabling it. We need all forms of energy to keep our economy strong.
I hope that any expansion of London will learn from the planning examples of some of its most desirable areas such as Chelsea, Notting Hill, Belgravia and Mayfair. All are characterised by high density and a generosity of green spaces. They are all pedestrian-friendly with shops, entertainment, restaurants and pubs within easy walking distance.
The 'boom-bust' cycle is generated by monetary intervention in the market, specifically bank credit expansion to business.
We all have a stake in ensuring that all students have the schools they deserve and that communities are leading this effort, not being left behind. To do that, we must challenge unchecked charter expansion and the forces driving it.
Football is about as popular as it can be in the U.S. The upside, the expansion and growth lies overseas.
From the Medicare prescription drug plan to the creation of the Department of Homeland Security and the passage of No Child Left Behind, President Bush presided over a major expansion of the reach of government.
Up until the Depression, recession had a moral character: it was supposed to purge the body economic of the greed and excess that attends a business expansion.
Positive market incentives operating in the public interest are too few and far between, and are also up against a seemingly never-ending expansion of perverse incentives and lobbying.
I don't think there was a thunderclap or a divine spark that suddenly made one species smart. You can see, in our ancestors, there was a gradual expansion of the brain; there was an expansion of the complexity of tools.
While I remain disappointed with our topline development in 2016, we continue to expect our performance to improve in 2017 and see the potential for margin expansion in 2017 and beyond, as market conditions improve and our sales transformation programs gain further traction.
In the far, far future, essentially all matter will have returned to energy. But because of the enormous expansion of space, this energy will be spread so thinly that it will hardly ever convert back to even the lightest particles of matter. Instead, a faint mist of light will fall for eternity through an ever colder and quieter cosmos.
Astronomers have been bewildered by the theory of an expanding universe, but there is no less expansion in the moral infinite of the universe of man. As far as the frontiers of science are pushed back, over the extended arc of these frontiers one will hear the poet's hounds on the chase.
Those who have a true understanding of America know that we have no desire for territorial expansion, for economic or other domination of other peoples. Such purposes are repugnant to our ideals of human freedom.
Anybody that's asked, I've counseled that they not expand Medicaid eligibility. I've been critical of any expansion because you know what Washington does. It promises something for a finite period of time, and then it leaves you on the hook.
When I was director of the CIA, I knew that we had been - and I'm choosing my words very carefully here - effective in our expansion. We really had - expansion of government agencies and expansion of use of contractors. Effective, we were; efficient, we weren't. And so, as director of the CIA, I went after the inefficiencies part.
Both the Winter and the Summer Solstices are expressions of love. They show us the opposition of light and dark, expansion and contraction, that characterize our experiences in the Earth school so that we can recognize our options as we move through our lives.
