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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  30. Lottery: A tax on people who are bad at math.

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  37. Lottery: A tax on people who are bad at math.

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

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  39. Calvin, we will not have an anatomically correct snowman!

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  40. What is a free gift ? Aren't all gifts free?

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  41. Ever notice how fast Windows runs? Neither did I.

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  43. What is a free gift ? Aren't all gifts free?

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

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  45. Give me ambiguity or give me something else.

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  46. Give me ambiguity or give me something else.

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  50. Friends help you move. Real friends help you move bodies

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  51. 640K ought to be enough for anybody. - Bill Gates 81

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  52. What is a free gift ? Aren't all gifts free?

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  53. When there's a will, I want to be in it.

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  54. Build a watch in 179 easy steps - by C. Forsberg.

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  55. 640K ought to be enough for anybody. - Bill Gates 81

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  56. The gene pool could use a little chlorine.

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  58. What is a free gift ? Aren't all gifts free?

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  59. Oops. My brain just hit a bad sector.

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  60. 640K ought to be enough for anybody. - Bill Gates 81

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  62. Suicidal twin kills sister by mistake!

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  64. 640K ought to be enough for anybody. - Bill Gates 81

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