As the system gathered momentum, the ordinary ration came to encompass meat, cheese, butter, margarine, bacon and ham, tea, preserves, sugar and cooking fats such as lard.

BBC: The toast sandwich and other hyper-cheap meals

The model that Mr Smith cooked up at Yale, based on a hub-and-spoke system of overnight air delivery, has since expanded to encompass a broad portfolio of businesses contributing to efficient supply chains.

ECONOMIST: Face value

An alternative approach, which has been called system-wide or macroprudential oversight, would broaden the mandate of regulators and supervisors to encompass consideration of potential systemic risks and weaknesses as well.

FORBES: Transcript