Re: if NASA had not existed...

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Re: if NASA had not existed... Posted by James [Email] (more from James) on Sun, 10 Jul 2011 03:47:19

In Reply to: Re: if NASA had not existed..., Reality, Sat, 9 Jul 2011 13:48:37 Members do not see ads below this line. - Help Keep This Site Online - Signup

Fair enough: we somewhat differ in opinion...

While I agree "large in scope, risk, and costs" should raise questions about funding on a risk/reward basis (due diligence as a minimum), there is value in some (just not too much) exploratory work. <0.5% doesn't sound outlandish to me. (Good) business is about execution of well planned activities, and short term financial objectives are extremely important. Science is about exploration + although short term objectives are needed in research, long term major results (and especially potential financial rewards) can't be known with certainty a priori... there's an element of unknown... that's why there's not that much scientific research in private industry (or at least in-house: there can be of course some funding through collaborations with university researchers)... lots of D, but not very much R...

The other thing: did government really have a monopoly on space? was there really any reason I couldn't have started my own Rocket Inc in the 1970's and launch satellites and/or monkeys? my impression was business just was not interested financially + if so, your commentary that it is better left to private business to develop is dubious unless you feel it was better not to develop + explore... of course, nowadays, we don't need to go to Houston to launch a satellite either... private industry is coming on board... and of course, there is a whole host of private industry that has found financially viable applications of space technology, some of whom started out as contract support for the government space program + are now no longer even really linked to it at all...

in short, I think the view that some might hold, "that it is all useless + a waste of taxpayer money", is quite oversimplistic.

James...

posted by 67.158.68...

Posts in this Thread:

OT: Space shuttle, Eric Law, Fri, 8 Jul 2011 05:53:10
- Please..., Eric Law, Mon, 11 Jul 2011 04:46:52
  - Re: Please..., EGD , Wed, 13 Jul 2011 11:20:06
- Re: OT: Space shuttle, brick8, Fri, 8 Jul 2011 12:09:07
- I'll cheer..., nwas, Fri, 8 Jul 2011 08:34:19
  - It's been quite a while, AdamB , Tue, 12 Jul 2011 09:33:51
    - Re: It's been quite a while, Reality, Tue, 12 Jul 2011 12:49:37
  - I guess we should all still be living in caves......, MI-Roger , Sat, 9 Jul 2011 13:06:57
    - That would be the result, Reality, Sat, 9 Jul 2011 13:56:06
      - Re: That would be the result, Eric Law, Sun, 10 Jul 2011 18:10:50
        Re: That would be the result, Reality, Sun, 10 Jul 2011 21:37:54
        Re: That would be the result, James, Mon, 11 Jul 2011 06:51:50
        Re: That would be the result, Reality, Mon, 11 Jul 2011 11:30:03
        Perhaps..., Eric Law, Mon, 11 Jul 2011 04:43:19
        Re: Perhaps..., TML , Tue, 12 Jul 2011 10:40:16
        Yeah, Eric Law, Wed, 13 Jul 2011 04:12:02
        Made up facts indeed, Reality, Wed, 13 Jul 2011 13:03:30
        Re: Perhaps..., Reality, Tue, 12 Jul 2011 11:43:36
        Furthermore, Reality, Tue, 12 Jul 2011 12:20:09
        Re: Perhaps..., Reality, Mon, 11 Jul 2011 12:06:32
        Uh..., Eric Law, Mon, 11 Jul 2011 14:39:02
        Re: Uh..., Reality, Mon, 11 Jul 2011 15:08:54
        Re: Uh..., kkelley, Wed, 13 Jul 2011 15:12:11
        Timinger problem, Reality, Wed, 13 Jul 2011 17:57:22
        Re: Timinger problem, kkelley, Wed, 13 Jul 2011 18:31:49
        "I took the initiative in creating the internet", Reality, Wed, 13 Jul 2011 21:27:25
        Re: "I took the initiative in creating the internet", kkelley, Thu, 14 Jul 2011 06:46:08
        Re: "I took the initiative in creating the internet", Reality, Thu, 14 Jul 2011 08:44:26
        Re: "I took the initiative in creating the internet", kkelley, Thu, 14 Jul 2011 11:31:47
        Re: "I took the initiative in creating the internet", Reality, Thu, 14 Jul 2011 12:01:11
  - Agree!, Reality, Fri, 8 Jul 2011 16:36:58
    - Microwave, Comsat, GPS, Reality, Fri, 8 Jul 2011 19:11:59
      - oversimplifications..., James, Sat, 9 Jul 2011 06:38:03
        Valuation depends on alternatives, Reality, Sat, 9 Jul 2011 07:15:30
        if NASA had not existed..., James, Sat, 9 Jul 2011 10:18:32
        Re: if NASA had not existed..., Reality, Sat, 9 Jul 2011 13:48:37
        Re: if NASA had not existed..., AdamB , Tue, 12 Jul 2011 11:27:51
        Re: if NASA had not existed..., Reality, Tue, 12 Jul 2011 13:30:39
        oh, and one more thing..., James, Wed, 13 Jul 2011 09:51:29
        Re: if NASA had not existed..., James, Wed, 13 Jul 2011 07:25:24
        Re: if NASA had not existed..., Reality, Wed, 13 Jul 2011 12:48:45
        Re: if NASA had not existed..., James, Sun, 10 Jul 2011 03:47:19 <-- Viewing This Message
        Re: if NASA had not existed..., Reality, Sun, 10 Jul 2011 06:10:56
        Re: if NASA had not existed..., James, Sun, 10 Jul 2011 06:39:19
        Re: if NASA had not existed..., Reality, Sun, 10 Jul 2011 15:17:23
        Re: if NASA had not existed..., James, Mon, 11 Jul 2011 03:36:29
        I actually agree . . ., Reality, Mon, 11 Jul 2011 12:29:36
        Re: I actually agree . . ., James, Mon, 11 Jul 2011 18:33:09
        Re: I actually agree . . ., Reality, Mon, 11 Jul 2011 20:07:49
        oh, and one more thing..., James, Tue, 12 Jul 2011 03:35:12
        Re: I actually agree . . ., James, Tue, 12 Jul 2011 01:51:08
        Re: I actually agree . . ., Reality, Tue, 12 Jul 2011 05:47:28
        Re: I actually agree . . ., James, Tue, 12 Jul 2011 07:27:26
        Re: I actually agree . . ., Reality, Tue, 12 Jul 2011 07:44:49
        Re: I actually agree . . ., James, Tue, 12 Jul 2011 08:48:16
        Re: I actually agree . . ., Reality, Tue, 12 Jul 2011 09:31:30
        the only thing dumber that the moon trips..., nwas, Sat, 9 Jul 2011 16:59:06
        Whoops... that should have been, nwas, Sat, 9 Jul 2011 17:00:37
  - Re: I'll cheer..., TML , Fri, 8 Jul 2011 14:20:12
  - I think I can handle 0.5% of the federal budget, rob 96 aero, Fri, 8 Jul 2011 11:27:00
    - It's not a lot of money in the big picture. But..., Noel, Sat, 9 Jul 2011 05:20:49
    - Waste is Waste; It all needs to be cut, nwas, Fri, 8 Jul 2011 19:13:25
  - Re: I'll cheer..., NCCaniac , Fri, 8 Jul 2011 09:26:41

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