Category Archives: Economics

Small Modular Reactors

They may finally be on their way. But as the article says, we won’t understand their economics until they’re actually put into operation. And as usual, the Union of Confused “Scientists” will try to throw up roadblocks.

Interestingly we were working with Flour Daniel when I was at Rockwell working the Space Exploration Initiative on ISRU. I wonder how applicable these would be on the moon or Mars? There’s water for cooling in both places.

A Trillion People In the Solar System

Jeff Bezos expanded on his space vision at Buzz’s gala in Florida:

Bezos rejects the common ‘Plan B’ argument in favor of human exploration; that one day the Earth is going to be destroyed, so we’d better find somewhere else to live.

“I hate that idea, and I find it very un-motivating,” said Bezos.

“We have sent robotic probes now to every planet in the solar system and, believe me, this is the best one – Earth is a gem, it’s incredible.”

He then went on to quote several Apollo astronauts about what they thought about Earth when they returned form the Moon, notably Apollo 14’s Alan Bean: ‘Since returning I have not complained about the weather one single time – I’m glad there is weather. I’ve not complained about traffic— I’m glad there are people around. Why do people complain about the Earth? We are living in the Garden of Eden.’

…For Bezos, colonising space is a more a simple necessity for continued life on Earth. The compound effect of the incremental increase in energy requirements will mean us having to cover every inch of Earth in solar cells, he said, while the solar system offers virtually unlimited energy resources.

“We can harvest resources from asteroids, from Near-Earth Objects, and harvest solar energy from a much broader surface area – and continue to do amazing things,” he said. The alternative, he said, was an era of stasis and stagnation on Earth, where we are forced to control population and limit energy usage per capita.

“I don’t think stasis is compatible with freedom or liberty, and I sure as hell think it’s going to be a very boring world – I want my grandchildren’s grandchildren to be in a world of pioneering, exploration and expansion throughout the solar system.”

He also suggested that exploration and colonisation of the solar system would make it possible to support one trillion people.

“Then we would have 1,000 Einstein’s and 1,000 Mozarts, how cool would that be?” he said.

“What’s holding us back from making that next step is that space travel is just too darned expensive because we throw the rockets away. We need to build reusable rockets and that’s what Blue Origin is dedicated to.”

Bezos’s vision is much more hopeful and expansive than Elon’s, which is more about fear (i.e., Plan B), and mostly constrained to a single planet (Mars). But I’m glad they’re both out there competing with each other to (finally) drive down the cost of access to space.

But I do criticize one aspect of the report:

Elon Musk’s SpaceX, based at Kennedy Space Centre’s Pad 39A where the Apollo missions launched from, is due to test its 229ft Falcon Heavy (FH) rocket this September. It will be the most powerful operational rocket in the world, though NASA’s Mars-focused SLS, at 365ft rocket, will takeover that mantle in 2028 or so.

The latter is not a reportable fact. I’d have written it as “though NASA hopes that its Mars-focused SLS, at 365ft rocket, will takeover that mantle in 2028 or so.” I think it’s a fantasy, if both Falcon Heavy (and maybe ITS) and New Glenn and New Armstrong are operational by then. The SLS jobs program will not survive that.

The War Of Ideas

The Democrats and the Left are losing it, because they don’t have any ammunition. And really, have they come up with any new ideas in the past half century? Governments running peoples’ lives is as old as civilization itself.

[Late-morning update]

Who killed the Left?

The only thing one can be sure of is that the Republican Party didn’t cause it; nor did their tame and feeble publications. In fact, not even publications like Breitbart, valiant though their efforts were, can claim credit. Trump couldn’t have done it either, since the proud tower that Gerlenter describes would have been impervious to the mere touch of the orange-hued real estate mogul without some other factor in play.

Yet most of us know who did it, though we hesitate to name the obvious suspect. The Left, even in its downfall, has stilled our tongues. The word comes to the edge of our lips before we choke it back, fearful even now of the ridicule and abuse we will get should we blurt it. That word is God. God killed the Left. Of course one could legitimately use some other term. “Reality,” “consequences,” the “laws of nature,” “economics,” even “truth” will do. Through some process of increasing entropy, failed memory management, or unanticipated side effects, the status quo — the one dominated by the Left — is collapsing.

Not fast enough. And sadly, there is something in human nature, in our envy, our greed, our self righteousness, our lust for power, to which their toxic ideas appeal.

Trump And Putin

He has Vlad over a barrel (of oil).

Funny, I’m old enough to remember when Barack Obama told Sarah Palin we couldn’t drill our way out of our energy problems. But then, I’m old enough to remember lots of stupid things that Barack Obama said.