“ there never would have been a space program to hand over unless the government had done the initial leg work”
Except that the government intervened into an already free market. You see, the government has little interest in rocketry [0]. At least not until it affected war and ballistic nuclear missiles. So this article is distorting something to serve its own purposes.
I would suggest that what we all want is as much freedom to do what we what while having as low harm to others as society will accept before the trade offs go in the other direction.
This starts off as a bit of a rant, but skipping ahead to “Stop the Magic”, the author lays out the concept of market externalities, and government’s necessary duty to manage them, rather well.
“ there never would have been a space program to hand over unless the government had done the initial leg work”
Except that the government intervened into an already free market. You see, the government has little interest in rocketry [0]. At least not until it affected war and ballistic nuclear missiles. So this article is distorting something to serve its own purposes.
I would suggest that what we all want is as much freedom to do what we what while having as low harm to others as society will accept before the trade offs go in the other direction.
[0] - https://www.nasa.gov/missions/research/f_goddard.html