29 OCT 2011 by ideonexus

 Government Maps the Terrain for Private Enterprise

There is fundamentally no business case for private enterprise to advance a space frontier. When you advance a frontier, you are making mistakes that the capital markets choose not to value. You have to create patents to enable things that you don't know will work. Anytime you are the first person to do something on that scale, the history of human civilization has demonstrated that the only funding available to do that via governance. And so what then happens is the patents get issued. The ...
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Neil deGrasse Tyson explains how government explores and maps out the terrain before private enterprise comes along behind after the costs and risks have been determined.

01 JUL 2011 by ideonexus

 Two Examples of Leaping to Conclusions without the Facts

Let me give you two examples of leaping to conclusions without the full facts. Back in the 1890’s, a certain California newspaper was apprehensive about the harmful effects the railroads would have on the environment. If the trains crossed the Mojave to get to the Pacific, this newspaper editorialized, “the huge iron rails will reverse the Earth’s magnetic field with catastrophic effects.” Now that’s real science! One hundred forty years ago, the Royal Society in England warned agai...
Folksonomies: facts prescience error
Folksonomies: facts prescience error
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People, even scientists, thought the train would come apart and asphyxiate its passengers at speeds of 35 MPH, and the rocket was disregarded by the military until the Germans adopted it.