11/15/2005

Land for sale on the moon?

Today I came across an article that was truly "out of this world". According the moon article, Beijing Lunar Village Aeronautics Science and Technology Co., in China sold 49 moon acres, but has just come under fire from Chinese officials. While this seems crazy to me, who's to say that up the road people won't be able to buy their own little piece of "moon shine". Will there be a market for universal matter? Will the demand be inelastic, and will people be willing to put a price on something so one-of-a-kind? This article may seem unbelievable, but who knows what lie ahead.
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1 comment:

Dr. Tufte said...

This scam has been done by others before.

On the one hand, I suppose there is nothing wrong in someone buying a certificate of sale which is commonly known to have no value.

But ... on the other hand, it is an abuse to sell something to which one does not have clear title.

4:10 PM

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