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NASA, Taxes and the Value of Space Exploration – An Answer to Neil Degrasse Tyson

from Stefan Molyneux:

Famous contemporary astrophysicist Neil deGrasse Tyson claims that government is necessary for space exploration, because private investors need more knowledge of the benefits and risks before they’ll be willing to embark on a new frontier. In his own words, “Private enterprise, in the history of civilization, has never led large, expensive, dangerous projects with unknown risks… because when you combine all these factors, you cannot create a capital market valuation of that activity.” He goes on to cite various past explorations led by governments that were later followed by businessmen who merely capitalized on opportunities already discovered.

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1 comment to NASA, Taxes and the Value of Space Exploration – An Answer to Neil Degrasse Tyson

  • jonathan

    The reason why were in perpetual servitude is because we let NASA control the space program. But then again Corporatistas and Banksters controlled the government for the last hundred years so private industry did refuse to take the risk of going into space and Tyson is right.

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