Privatizing Space Travel?
With our discussion in class on monopolies and their characteristics I came across an article that discussed the pros and cons of space travel going to the private sector-Privatize Space Shuttles? Not So Fast. This article explains that if space travel was private there would be so many costs that would be associated with it that it would be very hard for some private sector to fund it let alone make it safe enough to have people want to experience it. This would be one heck of a monopoly, but would it be worth it?