Advanced Manufacturing

Posted by Andrew O. Smith on Feb 1, 2013 in General | 0 comments

Advanced manufacturing is the name given to a subset of manufacturing activities that comprise a high information-technology or automation component in an application using emerging or novel materials and processes.  It is often easier to identify advanced manufacturing by the domains universally considered to apply: nanotechnology, renewable energy, robotics, and bioengineering, for example. ...

Gasoline Taxes

Posted by Andrew O. Smith on Jan 1, 2013 in General | 0 comments

Governments love to talk about raising taxes on gasoline.  The demand for gasoline is inelastic: the revenue-raisers know we will buy our fuel regardless of its cost, and it takes time for us to switch modes of transportation when oil skyrockets.  Opponents see taxes on gasoline as just another form of revenue and resist efforts to incerase them.  I’ll have more to say about this issue...