...Lesson for Nasa! US Airmail and Aviation
Rand Simberg wrote:
A market! A cargo! The US Airmail.
So....what is the market/cargo for space?
That is, of course, the heart of the problem. Where there is a market
- comsats of various kinds - there is substantial investment and
interest; where there isn't one, or where at the very least no one has
thought of one, there's no investment and no interest (in the financial
And there has been about a billion dollars of investment in private
space vehicles recently.
So? There was a massive amount of capital invested in railroads too
back in day. (Much of it lost.) There was also massive amounts of
capital invested in the dot-bombs, (and much of it too was lost).
Furthermore, much of the investment in private space is represented by
a few individuals - not the broader financial world.
(But then, such facts and complications don't fit neatly into a
typical Randian one-liner sound bite.)
Touch-twice life. Eat. Drink. Laugh.
-Resolved: To be more temperate in my postings.
Oct 5th, 2004 JDL