Ms. Nasar traces the hopeful strain of economic growth thinking back to the dimly remembered Alfred Marshall.
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The weakness underscored the strain that slower growth in India's economy and personal incomes has put on the industry.
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But the high euro and slow growth on the Continent are putting extra strain on the U.S. to pull the world back from the brink of a new recession.
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Unfortunately, growth of consumer base in these markets is limited to population growth and market share gains involve aggressive marketing and advertising, putting strain on operating margins.
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The current strain shows that the electric power system is at capacity even though there has been little economic growth.
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After a period of financial strain that caused the dividend to be cut in 2009, the company has been taking aggressive action toward generating growth.
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