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Tuesday, June 29, 2004

 
Why You Can't Buy a Spaceflight
chabot imageYou can't just buy a ticket to space. Dennis Tito did once, but no one else has. Why is that?

Promoters of the Ansari X Prize understand that part of the reason is that there isn't a private group offering such a service. Maybe there will be soon.

Let me give you another reason. The government could have taken passengers for a long time, but they set the price too high. NASA, by refusing non-Senatorial passengers essentially set the price at an infinite number of dollars. The Russians were a little more forthcoming - $20 million plus a lot of headaches.

Wanna know more? I'm an economist, and I have a longer post about this entitled "Governments Don't Price Well" at my blog, voluntaryXchange.

84 Comments:

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June 30, 2004 at 7:21 AM  
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June 30, 2004 at 7:21 AM  
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November 5, 2007 at 12:34 PM  
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November 5, 2007 at 1:41 PM  
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November 5, 2007 at 2:09 PM  
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November 5, 2007 at 3:16 PM  
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November 5, 2007 at 3:49 PM  
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November 5, 2007 at 4:20 PM  
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November 5, 2007 at 4:52 PM  
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November 5, 2007 at 5:24 PM  
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November 5, 2007 at 5:58 PM  
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November 5, 2007 at 6:41 PM  
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November 5, 2007 at 7:20 PM  
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November 5, 2007 at 7:56 PM  
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November 5, 2007 at 8:31 PM  
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November 5, 2007 at 9:03 PM  
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November 5, 2007 at 9:29 PM  
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November 5, 2007 at 10:26 PM  
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November 5, 2007 at 10:55 PM  
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November 5, 2007 at 11:30 PM  
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November 6, 2007 at 12:03 AM  
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November 6, 2007 at 12:39 AM  
Anonymous Anonymous said...

A lot of people mistake a short memory for a clear conscience.

November 6, 2007 at 1:13 AM  
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November 6, 2007 at 1:44 AM  
Anonymous Anonymous said...

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November 6, 2007 at 2:16 AM  
Anonymous Anonymous said...

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November 6, 2007 at 2:50 AM  
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November 6, 2007 at 3:33 AM  
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November 6, 2007 at 4:14 AM  
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November 6, 2007 at 4:47 AM  
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November 6, 2007 at 5:28 AM  
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November 6, 2007 at 6:01 AM  
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November 6, 2007 at 6:34 AM  
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November 6, 2007 at 7:15 AM  
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November 6, 2007 at 7:57 AM  
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November 6, 2007 at 8:43 AM  
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November 6, 2007 at 9:30 AM  
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November 6, 2007 at 10:11 AM  
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November 6, 2007 at 10:52 AM  
Anonymous Anonymous said...

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November 6, 2007 at 11:42 AM  
Anonymous Anonymous said...

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November 6, 2007 at 12:36 PM  
Anonymous Anonymous said...

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November 6, 2007 at 1:25 PM  
Anonymous Anonymous said...

The gene pool could use a little chlorine.

November 6, 2007 at 2:06 PM  
Anonymous Anonymous said...

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November 6, 2007 at 2:45 PM  
Anonymous Anonymous said...

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November 6, 2007 at 3:23 PM  
Anonymous Anonymous said...

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November 6, 2007 at 3:57 PM  
Anonymous Anonymous said...

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November 6, 2007 at 4:37 PM  
Anonymous Anonymous said...

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November 6, 2007 at 5:21 PM  
Anonymous Anonymous said...

Suicidal twin kills sister by mistake!

November 6, 2007 at 6:00 PM  
Anonymous Anonymous said...

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November 6, 2007 at 6:45 PM  
Anonymous Anonymous said...

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November 6, 2007 at 7:38 PM  
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November 6, 2007 at 8:58 PM  

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