Category Archives: Business

The Coalition For “Space Exploration”

If you were wondering how worthless/evil they are, they just praised the Senate mark up of the NASA budget.

Disgusting.

This is one of the reasons I’m on the warpath against the phrase “space exploration.” It’s so vague and meaningless that it can justify all manner of awful ideas.

[Update a while later]

The whole hog: Stephen Smith’s report on the NASA budget mess.

Congress Continues To Fiddle With Monster Rockets, While Human Spaceflight Burns

It’s been an exciting week on the International Space Station. On Monday, it had to dodge an old upper stage that was in danger of colliding with it. Then, yesterday, a reaction-control thruster unexpectedly fired for half a minute, causing a sudden unplanned shift in the facility’s attitude. Fortunately, the system reacted well overall, and things were restored to normal within a couple hours.

The misfiring thruster was on the Russian Soyuz capsule currently attached to the ISS. This is the vehicle in which it is planned to bring three crew members back to earth later tomorrow morning.

This is just the latest problem with Russian space hardware. The reason that the crew are coming home this month, instead of the originally planned return in May, is that there was a failure of a (Russian) Progress cargo ship at the end of April. As I wrote at PJMedia this past weekend: Continue reading Congress Continues To Fiddle With Monster Rockets, While Human Spaceflight Burns

The ASAP

…is finally coming around on Commercial Crew:

VADM Dyer also appeared to be against the notion of downselecting to one partner ahead of time, as has been intimated as a cost-saving option by some lawmakers.

“The thinking there is: If you need a house, why would you want to build two houses? Why not select one?” added the minutes. “VADM Dyer opined that it is a ‘very complicated house.’ The ASAP believes that competition brings the best of both providers to the fore.

“It also allows NASA to watch these two approaches and companies mature before making a downselect. The Panel stands foursquare in support of competition, as does NASA.”

It was also notable that NASA managers responded by stressing the ongoing discrepancy between the requested budgets for the Program and what has been appropriated.

With the two companies under fixed-price contracts, it was noted that it is important for all to recognize that if NASA does not receive the appropriations that it is counting on, it will have a very significant impact on schedule, and we will end up relying on the Russians beyond the 2017 target.

You don’t say.

Tulip Subsidies

A parable:

Higher education is in a bubble much like the old tulip bubble. In the past forty years, the price of college has dectupled (quadrupled when adjusting for inflation). It used to be easy to pay for college with a summer job; now it is impossible. At the same time, the unemployment rate of people without college degrees is twice that of people who have them. Things are clearly very bad and Senator Sanders is right to be concerned.

But, well, when we require doctors to get a college degree before they can go to medical school, we’re throwing out a mere $5 billion, barely enough to house all the homeless people in the country. But Senator Sanders admits that his plan would cost $70 billion per year. That’s about the size of the entire economy of Hawaii. It’s enough to give $2000 every year to every American in poverty.

At what point do we say “Actually, no, let’s not do that, and just let people hold basic jobs even if they don’t cough up a a hundred thousand dollars from somewhere to get a degree in Medieval History”?

I’m afraid that Sanders’ plan is a lot like the tulip subsidy idea that started off this post. It would subsidize the continuation of a useless tradition that has turned into a speculation bubble, prevent the bubble from ever popping, and disincentivize people from figuring out a way to route around the problem, eg replacing the tulips with daffodils.

(yes, it is nice to have college for non-economic reasons too, but let’s be honest – if there were no such institution as college, would you, totally for non-economic reasons, suggest the government pay poor people $100,000 to get a degree in Medieval History? Also, anything not related to job-getting can be done three times as quickly by just reading a book.)

If I were Sanders, I’d propose a different strategy. Make “college degree” a protected characteristic, like race and religion and sexuality. If you’re not allowed to ask a job candidate whether they’re gay, you’re not allowed to ask them whether they’re a college graduate or not. You can give them all sorts of examinations, you can ask them their high school grades and SAT scores, you can ask their work history, but if you ask them if they have a degree then that’s illegal class-based discrimination and you’re going to jail. I realize this is a blatant violation of my usual semi-libertarian principles, but at this point I don’t care.

Never happen. It makes too much sense.

[Afternoon update]

“College is not a commodity. Stop treating it like one“:

A college education, then, if it is a commodity, is no car. The courses the student decides to take (and not take), the amount of work the student does, the intellectual curiosity the student exhibits, her participation in class, his focus and determination — all contribute far more to her educational “outcome” than the college’s overall curriculum, much less its amenities and social life. Yet most public discussion of higher ed today pretends that students simply receive their education from colleges the way a person walks out of Best Buy with a television.

The results of this kind of thinking are pernicious. Governors and legislators, as well as the media, treat colleges as purveyors of goods, students as consumers and degrees as products. Students get the message. If colleges are responsible for outcomes, then students can feel entitled to classes that do not push them too hard, to high grades and to material that does not challenge their assumptions or make them uncomfortable. Hence colleges too often cater to student demands for trigger warnings, “safe rooms,” and canceled commencement speakers. When rating colleges, as everyone from the president to weekly magazines insist on doing nowadays, people use performance measures such as graduation rates and time to degree as though those figures depended entirely upon the colleges and not at all upon the students.

What a government-driven disaster.

First They Came For The Male Athletes

“…and I said nothing, because women deserve to play sports, too. Then they came for the frat boys, and I not only said nothing, I cheered it on, because frat boys are the scum of the earth. Then they came after men in general, and I said nothing, because they need to understand the fear women have of rape, and to fear engaging in sex.

Then, oh, wait. Holy s**t, they’re coming after me!”