Thursday, April 05, 2012

Homesteading the Frontier

Rand Simberg and James Dunstan answer questions at this morning's briefing on space property rights.

I attended a Capitol Hill briefing this morning organized by the Competitive Enterprise Institute (CEI). Space consultant Rand Simberg presented a proposal for a "Space Homestead Act", in which the US government would recognize property claims on the Moon and elsewhere in space under certain specified conditions. The proposal is here (pdf).

Attorney James Dunstan, while agreeing with Simberg's goal for space property rights, recommends a more incremental approach which he says is already underway, as he describes in his article here (pdf).

Whatever specific approach is taken, both speakers and the CEI agree that it is important to engage the conversation, as ensuring credible space property claims are recognized is a critical condition for opening the frontier in space to significant development and eventual settlement.

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