Source: Foundation for Economic Education
by Katrina Gulliver
“In his new book, New Space Capitalism: The Entrepreneurial Path to the Stars, Rainer Zitelmann presents the idea that private enterprise is the best way for space exploration to go forward, pointing out the ways in which public funding, since the days of the Moon landing, has been too uneven (and insufficient) to make the advances possible. When reaching space initially was a political contest, the spirit was there, but since the end of the Cold War, it has been less of a priority. … But today, billionaires have become more involved, and the prospect of space tourism has also put more money into the enterprise.” (06/22/26)