Not something I'd expect from Newt Gingrich either, and his "free market" approach to getting to the moon - to "rely heavily on private industry and ... use 10 percent of the NASA budget — which would amount to nearly $2 billion a year — to create prizes, incentives for entrepreneurs to achieve spaceflight milestones" - sounds like typical Republican guff. Getting to the moon isn't like designing a new fashionable consumer good, like an iPod - it's vast engineering and technical problem.
Essentially you would have a number of separate effects by people wasting resources when a centrally planned approach would in fact save resources and probably be more effective.
Daniel Kuehn is a doctoral candidate and adjunct professor in the Economics Department at American University. He has a master's degree in public policy from George Washington University.
Of course not.
ReplyDeleteNot something I'd expect from Newt Gingrich either, and his "free market" approach to getting to the moon - to "rely heavily on private industry and ... use 10 percent of the NASA budget — which would amount to nearly $2 billion a year — to create prizes, incentives for entrepreneurs to achieve spaceflight milestones" - sounds like typical Republican guff. Getting to the moon isn't like designing a new fashionable consumer good, like an iPod - it's vast engineering and technical problem.
Essentially you would have a number of separate effects by people wasting resources
when a centrally planned approach would in fact save resources and probably be more effective.