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During the boom years of the 1990s, globalization emerged as the most significant development in our national life. With NAFTA and the Internet and big-box stores selling cheap goods from China, the line between national and international began to blur.
Household spending growth has been particularly solid in 2015, with purchases of new motor vehicles especially strong. Job growth has bolstered household income, and lower energy prices have left consumers with more to spend on other goods and services.
If you ask the CEO of some major corporation what he does, he will say, in all honesty, that he is slaving 20 hours a day to provide his customers with the best goods or services he can and creating the best possible working conditions for his employees.
Microeconomics is the study of how specific choices made by businesses, consumers and governments affect the markets for different goods and services. For example, a microeconomist might examine how price changes affect sales of apples relative to oranges.
The basis on which good repute in any highly organized industrial community ultimately rests is pecuniary strength; and the means of showing pecuniary strength, and so of gaining or retaining a good name, are leisure and a conspicuous consumption of goods.
When you put more money in the pockets of working families, they spend it on groceries, gas, school supplies, and other goods and services. And that helps businesses grow and create jobs. So many forward-looking employers, large and small, understand this.
If you look at history, there seems to be a regular pattern: the country with the most powerful military also happens to be the one with the world trade currency. That gives them an enormous economic advantage, which causes goods to flow into their country.
I've got a lot of coaching friends in the business, in basketball and in other sports, that really when you talk about choosing jobs, you want to make sure that you have a strong ownership group and the reputation of the DeVos family is as good as it goods.
People imagine that Netflix sprang fully formed into a global streaming giant, but Netflix might have been personalised sporting goods - or customised shampoo - or even pet food, since these were all ideas that I pitched Reed Hastings in those first months.
I personally think intellectual property is an oxymoron. Physical objects have a completely different natural economy than intellectual goods. It's a tricky thing to try to own something that remains in your possession even after you give it to many others.
A country's economic growth may be defined as a long-term rise in capacity to supply increasingly diverse economic goods to its population, this growing capacity based on advancing technology and the institutional and ideological adjustments that it demands.
Growing up, I had a sense of the importance of commerce and trade to everyday life. Our family lived in several countries, and I was fascinated by the free exchange of goods and services between individuals and companies - the way both parties could benefit.
Control freak politicians never rest, and a few of the more dedicated ones are working relentlessly to slap chains on the world's most unfettered market. The Marketplace Fairness Act will end up forcing consumers to pay higher prices for the goods they desire.
The shortage of buyers, which the world is suffering from, is readily understood, not as due to people not wishing to obtain possession of goods, but as people being unwilling to part with something which might earn a regular income in exchange for those goods.
I am a regular, if not exactly enthusiastic, patron of my local bookshop. I try to buy at least some books there because I cling to the belief that it's important to maintain those businesses which put a human face on the exchange of money for goods and services.
They seem to have forgotten that, and are back saying the only purpose of P2P networks is for illegal trading of owned goods. We claim part of the reason for P2P is for legal trading of what ought to be in public domain. And what is in public domain in many cases.
Americans are no less susceptible to disease, joblessness, and family changes than their peers in rich nations, but they are made more fragile by these crises. The country has a thinner safety net, fewer public goods, and less social insurance than other countries.
We will find neither national purpose nor personal satisfaction in a mere continuation of economic progress, in an endless amassing of worldly goods. We cannot measure national spirit by the Dow Jones Average, nor national achievement by the Gross National Product.
For all the social changes in China can be traced to their early beginnings in the days when the new tools or vehicles of commerce and locomotion first brought the Chinese people into unavoidable contact with the strange ways and novel goods of the Western peoples.
By far the greatest part of those goods which are the objects of desire, are procured by labour; and they may be multiplied, not in one country alone, but in many, almost without any assignable limit, if we are disposed to bestow the labour necessary to obtain them.
One of the gaps in our international development efforts is the provision of global public goods - that is, goods or conditions we need that no individual or country can secure on their own, such as halting global warming, financial stability and peace and security.
Historically, large-scale global trade has served two functions: 1) the exchange of goods between willing sellers and buyers described in Econ 101 textbooks; 2) as a tool of state aggrandizement, in which the private parties are stand-ins for governmental interests.
The United States will continue to be number one, and I do not see any country or group of countries taking the United States' place in providing global public goods that underpin security and prosperity. The United States functions as the world's de facto government.
We must find new lands from which we can easily obtain raw materials and at the same time exploit the cheap slave labor that is available from the natives of the colonies. The colonies would also provide a dumping ground for the surplus goods produced in our factories.
The duty of responsibility placed on any MP is one of the greatest honours that can be bestowed and I for one don't believe the Conservative Party would abuse that trust by selecting someone who did not have the goods to do the job, just for the sake of media coverage.
Advertising as the printed form of selling would seem... ultimately to be justified in so far as it serves as a means of increasing legitimate human wants, as an agency of fair and economic competition in the distribution of goods, and as a stimulant to social progress.
I know something about trade agreements. I was proud to help President Clinton pass the North American Free Trade Agreement in 1993 and create what is still the world's largest free-trade area, linking 426 million people and more than $12 trillion of goods and services.
The Moodies is a responsibility to deliver the goods every night onstage and to do it sincerely; otherwise, it doesn't work. You've got the three guys left in the Moodies that really want to do it onstage, so I think we're truer to the old records now than we ever were.
There will be new businesses that will digitally enable the planning and consumption of passenger and goods movement to be more efficient, enjoyable, productive, safer, cleaner, and cheaper. That could mean everything from maintaining vehicle fleets to remote monitoring.
It certainly is dangerous that there are only a few clubs left in Europe that can afford to pay millions. At the end of the day however, the spectators decide the rates of pay - by watching the games and consuming the goods and services advertised on sports TV programmes.
The problem is that the global arms trade is entirely free of international regulation. In a world in which the flow of consumer goods is governed by a plethora of international conventions and regulations, deadly weapons have an uncanny knack of slipping through the net.
People can yawn all they want when a conservative mentions the tax system. But there is no doubt that when we have a tax system that punishes businesses and workers for producing then it becomes financially advantageous for everyone just to import cheaper goods from abroad.
We need to recognise that what really matters isn't buying more and more consumer goods, but family, friends, and knowing that we are doing something worthwhile with our lives. Helping to reduce the appalling consequences of world poverty should be part of that reassessment.
In an age robbed of religious symbols, going to the shops replaces going to the church. We have a free choice, but at a price. We can win experience, but never achieve innocence. Marx knew that the epic activities of the modern world involve not lance and sword but dry goods.
Luxury brands are about elite access. In consumer goods, that's elite cost. In education, it's elite criteria for admission. Minerva is maintaining those high standards, but not artificially limiting the number of people who can meet it... This really may be redefining education.
Like the producers of crops, airplanes, and books, producers of natural gas provide goods to meet the size of their available market. The larger the market, the more they can produce, and the more revenue they can obtain to cover their fixed costs and invest in future development.
Globalisation means many things. At one level, it talks of trade, which since the 16th century has exchanged goods and now, increasingly, ideas and information across the globe. But globalisation is also a view of the world - it is an opinion about man and why men are on the world.
I haven't talked to any young artists for a long time. But if we did sit down, I'd definitely tell them my viewpoint. If it was Lady Gaga, I'd say: 'You're talented, and you've obviously got the goods... what the hell are you doing with your image? How can anyone take you serious?'
Many communities have turned a blind eye to what goes on inside funeral homes, as many people prefer not to know the ins and outs of the business. In addition, grieving customers in need of funeral goods and services may not be in a healthy state of mind to make financial decisions.
The Gross National Product includes the destruction of the redwoods and the death of Lake Superior. It grows with the production of napalm and missiles and nuclear warheads... It includes... the broadcasting of television programs which glorify violence to sell goods to our children.
As goods become more standardized - and mass production has that effect, standardizing product - the distinguishing factor between one store and another is going to be how skillful stores are in satisfying customers and making it a pleasant experience instead of a hostile experience.
Bearing in mind most companies rely on the middle classes in developed countries to sell goods and services throughout the value chain, dealing with inequality is a matter of brutal enlightened self-interest. It's simple economics: Global stability equals global growth equals profits.
A creative mindset is in increasingly high demand: employers are vying for workers who are able to dream big and deliver big with the next must-have product. Creative thinking fuels innovation, it leads to new goods and services, creates jobs and delivers substantial economic rewards.
Visit those who are sick, or who are in trouble, especially those whom God has made needy by age, or by other sickness, as the feeble, the blind, and the lame who are in poverty. These you shall relieve with your goods after your power and after their need, for thus biddeth the Gospel.
Raising the minimum wage to $10.10 will benefit about 28 million workers across the country. And it will help businesses, too - raising the wage will put more money in people's pockets, which they will pump back into the economy by spending it on goods and services in their communities.
The Internet has crept up on us, and we need to know what it is and start looking at it. We have to decide which bits we want, which bits we don't, and how we're going to use them - and how we're going to put pressure on the people who deliver these goods to deliver what we really want.
Although everyone does benefit from lower-priced goods and services, people also care greatly about the chance to be productively employed and the quality of their work. Declining employment opportunities feel real and immediate; the rise in real incomes brought by lower prices does not.
Every single day I'm alive or you're alive, we're choosing this life and this persona. We choose to be the stay-at-home mom who loves baking and Pilates. We choose to be a hipster who loves coffee shops and artisan goods. We choose to be a lawyer who runs marathons and only eats organic.
Trade deficits are OK under certain circumstance. 1. An emerging nation imports capital goods necessary to enhance its productivity. 2. A developed nation, with a current account surplus, uses some of its investment income to finance the purchases of additional consumer goods from abroad.
The Communist bloc of old was a study in the failure of failure. Losers in the Soviet economy were the people at the end of the long lines for consumer goods. Worse losers were the people who had spent hours getting to the head of the line, only to be told that the goods were unavailable.