17.6.03

BENEFITS AND COSTS. Philip K. Chapman takes a critical look at the government space program, which looks like Keynes's money buried in bottles. "We would not need the shuttle missions if we did not have the station, and we would not need the station if we did not need something for the shuttles to do." He continues with a look at NASA management priorities and presents some proposals for reform. If information technology had remained a government monopoly after World War II, would Vice President Gore have been touting the virtues of teletype machines connected to vacuum-tube logic units?

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