The Economics of Discovery
Now suppose someone could tap a non-polluting, practically inexhaustible power source with dirt as a raw material. Imagine that someone could transmit electricity over vast distances, without wires, "beaming" it from the source to the point of consumption via microwaves.
Then we would be talking about a Solar Power Satellite (SPS) system, space-borne arrays of silicon (dirt) solar cells, riding a stationary orbit 23,000 miles above the equator, built and serviced by residents of the high frontier using lunar materials.
Resourceful, practical, inventive, inquisitive and indomitably free, these would be the new Americans, would they not?
The copyright of the article The Economics of Discovery in Frontier Theory is owned by Larry Winn. Permission to republish The Economics of Discovery in print or online must be granted by the author in writing.
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