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Path to efficiency is regulation

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By John Bartlit

Year after year, mining and petroleum operations and motor vehicle manufacture steadily improve their methods, tools and products. These advances do not happen by whim or by chance.
Behind the steady climb in efficiency are colleges that develop curricula and supply trained mining engineers, petroleum engineers and automotive engineers. The course work begins with the fundamentals of applied science and proceeds to the technologies of the named industries.
In their fields, the schools also do original research projects that produce new knowledge and tools. Efficiency is driven by basic disciplines, application of basics and inventions from applying basics.
The same path is the way to make regulatory systems efficient.
The steps are clear. We need schools to supply regulatory engineers trained in the basics of engineering, with a major in regulatory applications. We need schools doing research to develop new regulatory knowledge and more powerful tools.
This column examines new products of research that build efficiency in tasks of all kinds. Imagine if tools were created so regulating was done more surely in less time for less money. Surprising things are possible.


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