Commentary

Entrepreneurs or Bureaucracies?

Earlier this week the Investor’s Business Daily ran an article of mine:

On the same day NASA grounded the space shuttle program, space entrepreneur Burt Rutan and billionaire Richard Branson announced the formation of a new company that will build suborbital spaceships, some of which will be used to start a private space flight business. That these two announcements were made on the same day is more than an interesting coincidence, it foreshadows the future trajectory of manned space exploration – one dominated, not by NASA and bureaucracies, but by entrepreneurs.

The whole thing’s reprinted here.