"How is it that I have billions or hundreds of millions of dollars, and I can't buy a ticket to space?" asks Katherine Mangu-Ward, as she explains why a handful of super-rich men have decided to fund a new era of private space travel. "This is not the deal. This is not what I thought was going to happen when I was 10."
Mangu-Ward, managing editor of Reason magazine, joined Charles Murray, José Cordeiro, and Aaron Day, at FreedomFest 2013 in Las Vegas, to discuss the future of space exploration. The mainstream media's outlook has been uniformly pessimistic on the subject. NASA has scaled back its ambitions and its budget has contracted, while government-backed missions have drifted away. President Bush's ambitious plan for a manned mission to Mars, announced in 2004 to great fanfare, never got off the ground.
So why is the FreedomFest panel so optimistic about space travel? Because while government is underperforming, entrepreneurs from all over the world are picking up the slack.