Saturday, October 22, 2005

One Billion New Suckers?

The Lunar Embassy, which purports to sell property on the moon, is setting up shop in China. (See the story here.) Ownership of private property in space is a serious issue. The law needs to be changed to recognize private property rights in space. At best the Lunar Embassy makes this issue a joke and turns serious people who advocate private ownership in space into laughingstocks. At worst people are being duped into believing they own something they don't. Something should be done to crack down on this business. China may be just the country to do it. (See story here.) Not that we're making a recommendation.

-tdr

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Comments:
I agree that, "The law needs to be changed to recognize private property rights in space." See my suggested changes at http://www.geocities.com/scott956282743/owningmars.htm
 
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