Category Archives: Economics

More Space Property Rights Commentary

It’s sort of turning into a telephone game, like this piece:

Simberg, an aerospace engineer, says a new law granting the United States conditional permission to claim extraterrestrial land is internationally legal. His view: failure of the 1979 Moon Treaty to get even one signature nullifies the Outer Space Treaty.

a) The Moon Treaty has fourteen countries who have acceded to it.
b) I didn’t say that the Moon Treaty’s failure nullifies the OST.

Other than that, they get it completely right.

Charles Stross On Amazon’s Business Model

In which he ignorantly bashes libertarians:

I’m not going to lecture you about Jeff Bezos either, although I do want to note that he came out of a hedge fund and he’s ostensibly a libertarian; these aspects of his background make me uneasy, because in my experience they tend to be found in conjunction with a social-darwinist ideology that has no time for social justice, compassion, or charity. (When you hear a libertarian talking about “disruption” and “innovation” what they usually mean is “opportunities to make a quick buck, however damaging the long-term side effects may be”. Watch for the self-serving cant and the shout-outs to abstractions framed in terms of market ideology.)

Emphasis mine. Jonah Goldberg, hit this guy with a cluebat.