April 16, 2016

NOTHING COSTS MORE THAN IT USED TO:

The final frontier: cheap space travel (Samantha Masunaga. 4/16/16, LA Times)

Coming on the heels of a couple of revolutionary rocket landings by SpaceX and Blue Origin, the 32nd Space Symposium in Colorado Springs, Colo., was abuzz last week with talk of a new golden age of space travel.

Amazon.com Inc. Chief Executive Jeff Bezos, who also heads private space firm Blue Origin, compared the advent of reusable rockets to the Internet and the national highway system, opening the door to an explosion of commercial space activity.

NASA Administrator Charles Bolden asked his audience to chant "Mars matters" as he ticked off the benefits of flying to the Red Planet.

Underlying all these ambitious projections is a new space race -- to cut launch costs. And reusable rockets are just one part of it.

This is just another example of how radically we underestimate deflation, since the service getting cheaper did not even exist previously. Consider the question of how much it would have cost Queen Victoria to launch a satellite or send a ship to the moon..

Posted by at April 16, 2016 9:06 AM

  

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