'The expansion of economic activity in space may offer a uniquely promising way to escape indefinitely a state of self-fulfilling, persistently sluggish economic growth'
I suggest that public spending on space tends to suppress the sector. We only got massive reductions in launch costs when a single entrepreneur tackled the problem for his own reasons with his own money.
We have improved our tools to the point that a small team can do what required hundreds of engineers and draftsmen for Apollo.
I suggest that public spending on space tends to suppress the sector. We only got massive reductions in launch costs when a single entrepreneur tackled the problem for his own reasons with his own money.
We have improved our tools to the point that a small team can do what required hundreds of engineers and draftsmen for Apollo.
This assumption that spending a lot on space will somehow bring huge benefits is just a thinly veiled broken windows fallacy.