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J. Byron McCormick
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Entries by J. Byron McCormick

Reinvigorating Transportation in the Third Industrial Revolution

(8) Comments | Posted September 26, 2011 | 1:20 PM

In the automotive marketplace, a car sold today, with modern quality standards, has a warranty of generally 100,000 miles, and can be reasonably expected to be in service for at least 15 years.

After 15 years, consumers buy new cars, and the old cars are discarded. But the car...

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