“Hey, Ashely. Please sit here. I realized when I got home that I didn’t get your phone number or arranged when to pick you up on Friday. I was going to make a fool of myself and camp out on the sorority steps until I saw you.” We laughed but didn’t have time for any more chitchat because class was starting. I had to pay attention in this class. I understood accounting pretty well, but economics is more than just raising the price when demand is high.“Government intervention in the marketplace. Good or bad?” Professor Saunders said. We’re a pretty conservative lot at UW. You could hear groans in the classroom. “Let’s take a look at the oil industry for this next example. Everybody loves to dig at the big oil monster. In 1985, oil hit sixty dollars a barrel. It was a thriving industry in the United States. Oil companies were hiring people left and right. There was huge pressure to deregulate the industry. Get government out of our business. But we hit a recession in the late 80s and by. He knows what he wants and how it should look. The experts say it can’t be done. He studies and qualifies as a maritime designer, maritime engineer, and chemist. Doing all of the studies by distance education and condensed short courses in nine months of hard studies. He sets about designing the yacht. They’re right, the materials don’t exist. So he sets about inventing new materials to do the job.Using carbon filament and Kevlar as a start point he invents Nolar. Much stronger, lighter, and versatile than Kevlar as well as being cheaper to make. So strong and cheap it’s soon used in a wide range of products as a steel substitute. Using Nolar reduces steel imports which improves the local economy as well as the balance of trade figures. Nolar reinforcing rods for building with cement, Nolar cases for appliances and cars. See-through Nolar windows for security installations. Within months the company created to manufacture and market Nolar makes many millions of dollars. Sadly, Nolar.
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