A Quote by Buzz Aldrin
Only a large-volume market like space travel can attack the barrier of high costs.
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The current market cost for a space flight, about a week in space and about six people have gone with the Russians so far to the International Space Station; it costs about $30 to $35 million. So, it's not for the faint of heart. But our own market studies that we've commissioned as well as some public market studies all indicate that there are somewhere around 20 or so individuals every year who have both the means and the interest to do this. So, the market is definitely out there.
Travel costs should not be a barrier to opportunity for our young people.
Information costs are reduced by the existence of large numbers of buyers and sellers. Under these conditions, prices embody the same information that would require large search costs by individual buyers and sellers in the absence of an organized market.
Like its agriculture, Africa's markets are highly under-capitalized and inefficient. We know from our work around the continent that transaction costs of reaching the market, and the risks of transacting in rural, agriculture markets, are extremely high. In fact, only one third of agricultural output produced in Africa even reaches the market.
The term ‘free market’ is really a euphemism. What the far right actually means by this term is ‘lawless market.’ In a lawless market, entrepreneurs can get away with privatizing the benefits of the market (profits) while socializing its costs (like pollution).
It is economically irrational to exclude large environmental costs from the balance sheets of the producers and the consumers. You are only kidding yourself if you export those costs on to society as a whole.
In fact, a large part of what we think of as economic activity is designed to accomplish what high transaction costs would otherwise prevent or to reduce transaction costs so that individuals can negotiate freely and we can take advantage of that diffused knowledge of which Friedrich Hayek has told us.
You mean old books?" "Stories written before space travel but about space travel." "How could there have been stories about space travel before --" "The writers," Pris said, "made it up.
Space travel is a dream for many men and women. I think my trip will be perceived differently by different genders because for women, a lot of time, not only space travel, it's not accessible to everyone, but is even less accessible to women, there are a lot more barriers for them especially if they live in countries where things like space travel, engineering, any science and technology-related field would be considered a more male-dominated field. And so I want to show them that there is nothing preventing woman, or making them less qualified to be involved in any of these fields.
With every inch of land on Earth now catalogued by our satellites, the stars are the next place we as a species must travel. And with a booming world population that will hit 9.1 billion in 2050, large-scale space travel may become a necessity.
Today, we know that time travel need not be confined to myths, science fiction, Hollywood movies, or even speculation by theoretical physicists. Time travel is possible. For example, an object traveling at high speeds ages more slowly than a stationary object. This means that if you were to travel into outer space and return, moving close to light speed, you could travel thousands of years into the Earth's future.
High levels of inequality generate high costs for society, dampening social mobility, undermining the labour market prospects of vulnerable social groups, and creating social unrest.
To economists, prices serve as crucial signals to producers and consumers. In a regulated market, the state sets prices high enough for private companies to cover their costs and earn a guaranteed profit for their investors. But in a deregulated market, prices should vary with demand and supply.
Pleasing things: finding a large number of tales that one has not read before. Or acquiring the second volume of a tale whose first volume one has enjoyed. But often it is a disappointment.
The trick is, a market has to be nonexistent when you start. If the market is large early on, you will have too many competitors. You have to make it large.
There's some boring advice for improvisers beginning their careers like "see as much of it as you can and do as much of it as you can." Volume, in a way, is the most important thing. Not, like, decibel volume - just immerse yourself in it as much as possible. I'd also suggest that you put a high value on your personal interests and tastes.
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