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It was great fun to focus on nuclear energy for the second week in a row!

Your host Jim Vinoski interviews Julia Cartwright from the American Institute for Economic Research about nuclear energy and regulations. Cartwright, an economist, professor, and deep thinker, discusses the inefficiencies of government intervention in energy policies, citing examples like the Road to Housing Act and the regulatory capture. She highlights the potential of nuclear energy, particularly thorium, which is more efficient and abundant than uranium and plutonium. Cartwright criticizes the U.S. for not utilizing its uranium-233 reserves and advocates for a technology-neutral policy. She also emphasizes the need for regulatory certainty to encourage investment in nuclear energy and small modular reactors.

Highlights:
00:00 - Introduction and Background of Julia Cartwright
04:15 - Julia's Views on Government Regulation and Industrial Policy
08:14 - Energy Policy and Favoritism
17:01 - Challenges and Opportunities in Nuclear Energy
25:57 - Regulatory Barriers and Permitting Reform
29:04 - Conclusion and Final Thoughts

Julia covered a lot of ground and offered a wealth of useful industry and policy recommendations. Tune in for the whole thing!

Julia's articles mentioned in the show:

"Ending the Era of Energy Favoritism" - https://aier.org/wp-content/uploads/2026/03/Julia-Cartwright_Energy-Favoritism_v3.pdf

Thorium reactor technology - https://azfreenews.com/2026/01/julia-cartwright-america-risks-losing-the-advanced-nuclear-race-to-china/

U-233 - https://www.realclearpolicy.com/articles/2025/09/30/america_cant_lead_on_nuclear_while_destroying_its_own_fuel_1138084.html

Julia's page at AIER - https://aier.org/people/julia-r-cartwright/

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Your host Jim Vinoski interviews Brett Rampal, a nuclear expert with 20 years of experience, about the current state and future of the nuclear industry. Brett highlights the industry's significant regulatory challenges, noting the need for reform and better project management. He discusses the impact of recent presidential administrations on nuclear energy support and the potential for new projects, including the Trump administration's goal to quadruple the nuclear fleet by 2050. Rampal also emphasizes the importance of advanced technologies and the role of regulatory engagement in driving progress. He concludes with optimism about the industry's future, despite past setbacks.

Highlights:
00:00 - Introduction and Guest Background
04:18 - Historical Context and Industry Changes
07:51 - Regulatory Environment and Challenges
12:55 - Recent Developments and Industry Support
17:00 - Project Management and Workforce Development
24:43 - Regulatory Reform and Future Plans
26:33 - Advanced Technologies and Market Demand
36:01 - Positive Outlook and Industry Collaboration
41:06 - Closing Thoughts and Future Prospects

Do check out the whole show - you'll be glad you did!

Brett's page at the National Center for Energy Analytics website: https://energyanalytics.org/team/brett-rampal

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It was very cool to return the favor for Aaron Witt, founder of training platform BuildWitt and host of Dirt Talk, where your host Jim Vinoski appeared a couple months ago.

Aaron Witt discussed his mission to promote the construction and mining industries through micro learning and continuous improvement. He highlighted the critical infrastructure workforce shortage, noting 80-85% of contractors struggle with workforce retention. He emphasized the need for innovative training methods and modern tools to attract and retain young workers. Aaron criticized the slow U.S. mine permitting process, which delays projects and increases costs. He also stressed the importance of government support and private sector collaboration to drive infrastructure development and improve productivity.

Of course, in keeping with our July focus on red tape, Aaron shared his thoughts on what our hyper-regulatory environment is costing us.

Aaron's points about our need for meaning and purpose were particularly compelling.

This is such a great, wide-ranging, deeply informative conversation!

Highlights:

00:00 - Introduction of Aaron Witt and BuildWitt
02:24 - Aaron's Career path and his Founding of BuildWitt
04:39 - Micro-learning and Continuous Improvement
07:58 - Workforce Challenges in Construction and Mining
11:46 - The Role of Technology and Modern Tools
23:10 - The Impact of Regulations on Infrastructure Development
36:32 - The Importance of Purpose and Meaningful Work
47:18 - The Role of Government and Private Sector Collaboration
51:56 - The Future of Infrastructure and Workforce Development
53:56 - Conclusions and Final Thoughts

Be sure to tune in for the whole show! You'll be glad you did.

BuildWitt: https://buildwitt.com/
Dirt Talk: https://aaron.buildwitt.com/the-dirt-talk-podcast

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Regulations have gotten so bad we mostly don't even talk about them anymore.

That's a huge problem, because red tape is the number 1 thing that can derail our reindustrialization efforts, our nuclear resurgence, and our energy independence.

Your host Jim Vinoski tackles the problem head-on, discussing the extensive impact of red tape regulations on American manufacturing and energy sectors. He highlights the staggering growth of the Code of Federal Regulations (CFR), which expanded from 130,800 pages in 2000 to over 190,000 pages by 2023. Studies by Mark and Nicole Crain for the National Association of Manufacturers reveal that federal regulations cost the U.S. economy over $3 trillion, with an average annual compliance cost of $277,000 per firm. Manufacturing firms, particularly small ones, bear a significant burden, with costs per employee ranging from $24,800 to $50,100.

Jim concludes by emphasizing the need for radical regulatory reform to support reindustrialization and energy production.

Links:

NAM's summary on the cost of regulations: https://nam.org/issues/regulatory-and-legal-reform/

The full NAM report by Nicole and Mark Crain: https://nam.org/wp-content/uploads/2025/03/NAM-3731-Crains-Study-R3-V2-FIN.pdf

The American Action Forum's report on nuclear regulatory costs: https://www.americanactionforum.org/research/putting-nuclear-regulatory-costs-context/

Jim Vinoski's recent Substack on the total cost of regulations in industry: https://manufacturingtalks.substack.com/p/the-unseen-costs-of-regulations

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Here's a superb example of a public-private partnership to help with our desperate need for more skilled trades gurus.

Jim Vinoski interviews Jason Wells from the Accelerated Training in Defense Manufacturing (ATDM) program, which trains the U.S. defense industrial base workforce. The program, based in Danville, Virginia, focuses on skilled trades like machining, welding, and quality assurance, integrating technology to stay relevant. It has graduated nearly 2,000 students in five years, with a current annual graduation target of 1,000. The program's success is attributed to local, state, and federal funding and collaboration with industry. The initiative highlights the importance of a proactive approach to workforce development and the need for a national perspective on the skills gap.

Highlights:
00.00 - Introduction and Overview of ATDM
02:05 - Economic Transformation and Workforce Development
07:07 - Balancing Immediate Needs with Long-Term Vision
14:53 - National Recognition and Federal Programs
19:53 - Challenges and Adaptations in Training
24:21 - Impact and Future of ATDM
32:04 - Government Support and Industry Collaboration
35:10 - Addressing the Skills Gap and Future Outlook
41:02 - Closing Thoughts and Final Remarks

The ATDM is just a phenomenal example of what needs to be happening much, much more broadly to turn the tide on our dearth of skilled trades workers.

ATDM website: https://atdm.org/

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It was a pleasure to be joined once again by Samuel Gregg, who is President of the American Institute for Economic Research, and joined us to discuss a recent article of his that's right up our alley.

Sam and our host Jim Vinoski did a deep dive into his article, "Dear Conservatives: Industrial Policy is a Dead End," which critiques the British and American approaches to industrial policy. He argues that government intervention in the economy, as seen in China and Japan, often leads to misallocation of resources, cronyism, and economic stagnation. Sam emphasizes the importance of market-driven outcomes over government-engineered results. He also highlights the inefficiencies of public sector investments and the need for less regulation to foster innovation and competitiveness. He advocates for a return to the principles of economic liberty and the American founding.

The discussion wrapped up with a brief conversation about another of Sam's recent articles, this one about the establishing of our country: "Why the West Needs the American Founding." Sam touches on how the founding principles are relevant to the above discussion.

Highlights:
00:00 - Introduction and Overview of Industrial Policy
02:01 - Philosophical Opposition to Industrial Policy
04:05 - China's Economic Transformation and Misallocation of Resources
07:59 - Lessons from Japan's Economic Stagnation
10:33 - Impact of Industrial Policy on Competitiveness
13:53 - Cause and Effect in Industrial Policy
16:41 - Opportunity Costs and Public Sector Inefficiency
21:25 - Defense Policy vs. Industrial Policy
26:02 - Regulation and Economic Dynamism
29:29 - Reflecting on Economic Freedom and Interventionism

Links to the articles:

https://capx.co/dear-conservatives-industrial-policy-is-a-dead-end

https://spectator.org/why-the-west-needs-the-american-founding/

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It was illuminating to hear from Mike Musheinish, CEO of Detroit Axle, about the effects of tariffs on his aftermarket auto parts-making business.

Mike discussed the severe impact of the new tariffs on his business. Initially, tariffs cost his company $25,000 per $1 million in parts, but this rose to $725,000. This forced Detroit Axle to raise prices, affecting profitability and consumer affordability. Mike highlighted the broader economic consequences, including inflation exacerbated by rising energy costs. He criticized tariffs for favoring large corporations and creating a "tariff mafia."

Mike advocated for better infrastructure and education to support domestic manufacturing, emphasizing the need for competition to drive down costs and improve quality. He also praised the potential of employing returning citizens.

Highlights:
00:00 - Introduction - Mike's Background and Business Model
02:42 - Impact of Tariffs on Detroit Axle
05:34 - Challenges of Tariffs and Market Dynamics
08:53 - Regulation and Competition
12:15 - Positive Actions for Manufacturing
16:26 - Challenges of Producing in the USA
26:18 - Support for Returning Citizens
29:44 - Conclusion and Final Thoughts

Tune in and take in the whole show, because this one has a lot of the details of the current reality for the hardworking people on the front lines of American manufacturing.

Check out the Detroit Axle website here: https://www.detroitaxle.com/

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It was great to return the favor of podcast guesting with Melinda Tse, Louis Leung, and Jared Plumb from inFlow Inventory. They had our host Jim Vinoski on their show, "The Secret Life of Inventory," a few months ago.

For their visit with us, we dove into their strategy of making their show an integral part of marketing their industrial inventory management software.

Highlights:
00:00 - Introduction
02:08 - Guest Backgrounds
06:28 - Inflow Inventory's Origin and Focus
08:20 - The Role of the Podcast in Marketing
23:36 - Challenges and Future Plans
25:46 - Closing Thoughts and Future Directions

This was a great exploration of a really fascinating way to make the most of social media and content creation to help sell software services.

inFlow Inventory's website: https://www.inflowinventory.com/

Jim Vinoski's appearance on "The Secret Life of Inventory:" https://secretlifeofinventory.buzzsprout.com/2232037/episodes/18945032-manufacturing-beyond-machines-culture-ownership-succession-ft-jim-vinoski