In effect it would lay out a path whereby Europe would become more integrated in many areas while leaving veto rights with member states in such matters as foreign policy, taxation and defense--and Europeans with a voice in making those decisions.

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Keynesians believe government spending is the path to economic growth, as opposed to an effect of same.

FORBES: Monetarism and Keynesianism: Identical Sides of the Same Adolescent Coin

"If parents are responsible, are monitoring their children's behavior, paying attention to them, spending time with them, that's going to have a positive effect and protect them from going down the path of alcohol and drug abuse, " says Maria M.

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The United States is headed down a similar path, with stricter Corporate Average Fuel Economy standards going into effect over the next several years.

FORBES: New Baby Benz a Sign of Things to Come: Efficient Luxury

Pfizer has asserted that it has patents covering the chemical path by which Viagra works--so far without having an effect on the profitability of rivals Levitra or Cialis.

FORBES: Magazine Article

Pfizer (nyse: PFE - news - people ) has asserted that it has patents covering the chemical path by which Viagra works--so far without having an effect on the profitability of rivals Levitra or Cialis.

FORBES: Patenting Gravity?

Notice that the effect of sequestration by a multiplier calculation is relative to the path that GDP would otherwise have been on.

FORBES: Sequester and the Economic Forecast: Not Much Impact