The U.S. military launched it's reusable shuttle (the third launch) - we knew it was going to happen but the mission for the shuttle is still uncertain.
Less anticipated was North Korea, who surprised us with a long-range missile earlier today and now some people think it might have put something into orbit.
My view is that as long as we have nation-states anywhere humans are will be militarized. We ought to stay on the cutting edge of human expansion out into space. It is going to happen, and it's better that a liberal market democracy leads the push, particularly since we can bet it's going to be every bit as militarized as everywhere else we set foot..
On Mises’ Use of the Term “Inflation”
2 hours ago