Category Archives: Economics

Business, Economics, Education, Media Criticism, Political Commentary, Space, Technology and Society

All But Dissertation

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…and happy with it:

Grad school became a financial burden after I took my full-time job in industry. Although my salary tripled and I’m a frugal and financially responsible person, my school expenses became too much for me to handle without taking on student loans, something I hadn’t done since undergrad. I managed to avoid student loans by depleting my savings.

After I left my university department’s employment as a graduate research assistant, I was responsible for my tuition payments. I was only enrolled in 3 credits per semester for a doctoral research course, basically, a symbolic class for the privilege of calling myself a doctoral student. Unfortunately, once I left my department’s protection, the university saw me as a dollar sign instead of a person. They used a loophole to unfairly charge me over triple the tuition rate, and even my protest to the university president landed on deaf ears because universities are all about profit (and I attended a public university!).

Had I been charged a fair tuition rate, I would have been able to afford to stay enrolled in grad school indefinitely and may have eventually finished. The greed of the university forced me to make my decision to quit when I did, which may have been a good thing in the long run because I didn’t drag it out too long. To this day, I regret paying that last semester’s tuition, as that money would have served me much better in my savings account.

The current higher-educational system, fueled by the student-loan system, has become, with exceptions, a massive scam.

Business, Economics, Mathematics, Media Criticism, Political Commentary, Science And Society, Technology and Society

Nobel-Prize Land

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Not all is well there. They have “deniers” in their midst:

Giaever was one of President Obama’s key scientific supporters in 2008 when he joined over 70 Nobel Science Laureates in endorsing Obama in an October 29, 2008 open letter. Giaever signed his name to the letter which read in part: “The country urgently needs a visionary leader…We are convinced that Senator Barack Obama is such a leader, and we urge you to join us in supporting him.”

But seven years after signing the letter, Giaever now mocks President Obama for warning that “no challenge poses a greater threat to future generations than climate change”. Giaever called it a “ridiculous statement.”

“That is what he said. That is a ridiculous statement,” Giaever explained.

“I say this to Obama: Excuse me, Mr. President, but you’re wrong. Dead wrong,” Giaever said. (Watch Giaever’s full 30-minute July 1 speech here.)

“How can he say that? I think Obama is a clever person, but he gets bad advice. Global warming is all wet,” he added.

“Obama said last year that 2014 is hottest year ever. But it’s not true. It’s not the hottest,” Giaever noted. [Note: Other scientists have reversed themselves on climate change. See: Politically Left Scientist Dissents – Calls President Obama ‘delusional’ on global warming]
The Nobel physicist questioned the basis for rising carbon dioxide fears.

“When you have a theory and the theory does not agree with the experiment then you have to cut out the theory. You were wrong with the theory,” Giaever explained.

Giaever said his climate research was eye opening. “I was horrified by what I found” after researching the issue in 2012, he noted.

“Global warming really has become a new religion. Because you cannot discuss it. It’s not proper. It is like the Catholic Church.”

You don’t say.

He’s wrong, though. There’s little evidence that Barack Obama is a “clever man.”

Business, Economics, Media Criticism, Political Commentary, Space, Technology and Society

My Initial Project Status

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For those not backers, but interested in what’s happening, I did a project update this morning:

I’m starting to spool up on the project (I expect to actually be funded this week — there’s a two-week delay after the close). Leonard David has a report today that the “Affordable Mars Strategy” report has been published and is available for free download [note: I haven’t actually been able to find the download — all I could find at Leonard’s link was Scott Hubbard’s op-ed — but I think I have the report]. I’ve also been in communication with the authors (specifically, John Baker and Nathan Strange at JPL), and received a lot of material from them last week (some of which may be redundant with the report). I’m planning a trip to Denver next week to (among other things) talk to folks at ULA about integrated vehicle fluids and propellant depots.

The JPL work will provide a foundation for my own analysis, and I’ll probably be discussing it with them. While I think they have a good solution for what they perceive to be their problem, I have fundamentally different top-level requirements.

I would characterize their approach as “Apollo to Mars”: A destination, a date, civil-servant boots on the ground, with a giant government-owned-and-operated rocket, except (unlike Apollo) it is budget constrained. I don’t think that will be any more economically and politically sustainable than Apollo was. I also think, bluntly, as a taxpayer and space enthusiast, that it would not be worth the money.

My approach is to get NASA completely out of the earth-to-orbit business, and to take the savings to develop the technology needed to build a scalable in-space reusable, resilient, affordable transportation architecture, that will enable not simply NASA, but anyone else who wants to, to go to the Red Planet.

And not just to Mars.