The Economic Importance of Space Technology

William Meckling

Expert InsightsPublished 1962

A discussion of the economic implications of space exploration. The author states that if glamour displaces science in guiding national policy, the results may be disappointing. A communication satellite system that charges prices little different from present prices, and that must be constantly subsidized and protected from competition, is not much of an accomplishment and may make us the subject of ridicule rather than admiration.

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Document Details

  • Availability: Web Only
  • Year: 1962
  • Pages: 8
  • Document Number: P-2585

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Meckling, William, The Economic Importance of Space Technology. Santa Monica, CA: RAND Corporation, 1962. https://www.rand.org/pubs/papers/P2585.html.
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