Commentary: Key to Lunar Settlement is Profitability

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Return to the Moon: Unless it’s profitable, it won’t be permanent
Ronald Bailey
Reason Magazine

The Apollo moon landings have often been compared to the explorations of Christopher Columbus and the Lewis and Clark expedition to Oregon. For example, on the 20th anniversary of the first moon landing, President George H.W. Bush declared, “From the voyages of Columbus to the Oregon Trail to the journey to the Moon itself: history proves that we have never lost by pressing the limits of our frontiers.”

But what boosters of the moon expeditions overlook is that the motive for pressing the limits of our frontiers in those cases was chiefly profit….

In his report from his first voyage, Columbus predicted that his explorations would result in “vast commerce and great profit.” The extension of commerce was also the chief justification that President Thomas Jefferson gave in his secret message to Congress requesting $2,500 to fund what would become the Lewis and Clark expedition.

Forty years later, as we bask in the waning prestige that the Apollo missions earned our country, we must keep in mind that humanity will some day colonize the moon and other parts of the solar system, but only when it becomes profitable to do so.

Read the full essay.