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Source link: http://archive.mises.org/17822/a-fantastic-lecture-on-space-and-free-enterprise/

A fantastic lecture on space and free enterprise

July 22, 2011 by

Not really being into space stuff, I was prepared not to be interested in this. But Jeff Greason’s economic outlook is absolutely spectacular. He really gets it.

{ 9 comments }

Joseph July 22, 2011 at 10:32 pm

Jeff Greason is an amazing man. He has contributed, along with many others, to the beginnings of a commercial space race. It truly boggles the mind to think of the vast, untapped resources locked up in space, and what the effects would be on civilization if they were tapped for productive means. The minerals, the resources, the land. All would be improved by a limitless frontier. As a space cadet myself, I think I can say that as long as free markets are allowed to run their course, space will be colonized.

Stephan Kinsella July 23, 2011 at 8:23 am

Unfortunately, they have to play the patent game too. SEe some of their patents here:

Micro-coaxial injector for rocket engine
Alexa Traffic Rank for http://www.google.com/patents?id=8hEuAQAAEBAJ&pg=PA1&dq=inassignee:xcor&hl=en&ei=ocoqTs2VDbOnsALr_rGnBg&sa=X&oi=book_result&ct=result&resnum=1&ved=0CCgQ6AEwAA: 1patents.google.comUS Pat. 7900435 – Filed May 23, 2007 – Issued Mar 8, 2011 – XCOR Aerospace
… US007900435B1 (54) MICRO-COAXIAL INJECTOR FOR ROCKET ENGINE (75) Inventors: Jeffrey K. Greason, Tehachapi, CA (US); Douglas B. Jones, Mojave, CA (US); …

  1. Micro-coaxial injector for rocket engine

    Alexa Traffic Rank for http://www.google.com/patents?id=8hEuAQAAEBAJ&pg=PA1&dq=inassignee:xcor&hl=en&ei=ocoqTs2VDbOnsALr_rGnBg&sa=X&oi=book_result&ct=result&resnum=1&ved=0CCgQ6AEwAA: 1patents.google.comUS Pat. 7900435 – Filed May 23, 2007 – Issued Mar 8, 2011 – XCOR Aerospace
    US007900435B1 (54) MICRO-COAXIAL INJECTOR FOR ROCKET ENGINE (75) Inventors: Jeffrey K. Greason, Tehachapi, CA (US); Douglas B. Jones, Mojave, CA (US);

  2. System and method for cooling rocket engines

    Alexa Traffic Rank for http://www.google.com/patents?id=M8XUAAAAEBAJ&pg=PA1&dq=inassignee:xcor&hl=en&ei=ocoqTs2VDbOnsALr_rGnBg&sa=X&oi=book_result&ct=result&resnum=2&ved=0CCoQ6AEwAQ: 1patents.google.comUS Pat. 7784269 – Filed Aug 25, 2006 – Issued Aug 31, 2010 – Xcor Aerospace
    (12) United States Patent ao) Patent no.: us 7784269 bi Greasonetal. (45) Date of Patent: Aug. 31, 2010 US007784269B1 (54) SYSTEM AND METHOD FOR COOLING
  3. Removal handle for in-the-ear hearing aids

    Alexa Traffic Rank for http://www.google.com/patents?id=f2o3AAAAEBAJ&pg=PA1&dq=inassignee:xcor&hl=en&ei=ocoqTs2VDbOnsALr_rGnBg&sa=X&oi=book_result&ct=result&resnum=3&ved=0CCwQ6AEwAg: 1patents.google.comUS Pat. 4565904 – Filed Oct 9, 1984 – Issued Jan 21, 1986 – Qualitone Hearing Aids, Division of XCor Corp.
    [54] REMOVAL HANDLE FOR IN-THE-EAR HEARING AIDS [75] Inventor: Mas Harada, Minneapolis, Minn. [73] Assignee: Qualitone Hearing Aids, Division of XCor
  4. Rocket combustion chamber with jacket

    Alexa Traffic Rank for http://www.google.com/patents?id=yevvAAAAEBAJ&pg=PA1&dq=inassignee:xcor&hl=en&ei=ocoqTs2VDbOnsALr_rGnBg&sa=X&oi=book_result&ct=result&resnum=4&ved=0CC4Q6AEwAw: 1patents.google.comUS Pat. 7854395 – Filed Feb 11, 2008 – Issued Dec 21, 2010 – Xcor Aerospace
    US007854395B1 (54) ROCKET COMBUSTION CHAMBER WITH JACKET (75) Inventors: Douglas B. Jones, Mojave, CA (US); Jeffrey K. Greason, Tehachapi, CA (US);
  5. Partial superheat cycle for operating a pump in a rocket system

    Alexa Traffic Rank for http://www.google.com/patents?id=MsXUAAAAEBAJ&pg=PA1&dq=inassignee:xcor&hl=en&ei=ocoqTs2VDbOnsALr_rGnBg&sa=X&oi=book_result&ct=result&resnum=5&ved=0CDAQ6AEwBA: 1patents.google.comUS Pat. 7784268 – Filed Aug 4, 2006 – Issued Aug 31, 2010 – XCOR Aerospace
    (12) United States Patent ao) Patent no.: us 7784268 bi Greasonetal. (45) Date of Patent: Aug. 31, 2010 US007784268B1 (54) PARTIAL SUPERHEAT CYCLE FOR
  6. METHOD FOR COOLING ROCKET ENGINES

    Alexa Traffic Rank for http://www.google.com/patents?id=w0zwAAAAEBAJ&pg=PA1&dq=inassignee:xcor&hl=en&ei=ocoqTs2VDbOnsALr_rGnBg&sa=X&oi=book_result&ct=result&resnum=6&ved=0CDIQ6AEwBQ: 1patents.google.comUS Pat. App 12846728 – Filed Jul 29, 2010 – XCOR AEROSPACE
    Illllllllllllllllllllllllllllllllllllllllllllllllll US 20100326044A1 (i9) United States (12) Patent Application Publication oo) Pub. No.


System and method for cooling rocket engines
Alexa Traffic Rank for http://www.google.com/patents?id=M8XUAAAAEBAJ&pg=PA1&dq=inassignee:xcor&hl=en&ei=ocoqTs2VDbOnsALr_rGnBg&sa=X&oi=book_result&ct=result&resnum=2&ved=0CCoQ6AEwAQ: 1patents.google.comUS Pat. 7784269 – Filed Aug 25, 2006 – Issued Aug 31, 2010 – Xcor Aerospace
(12) United States Patent ao) Patent no.: us 7784269 bi Greasonetal. (45) Date of Patent: Aug. 31, 2010 US007784269B1 (54) SYSTEM AND METHOD FOR COOLING …
Removal handle for in-the-ear hearing aids
Alexa Traffic Rank for http://www.google.com/patents?id=f2o3AAAAEBAJ&pg=PA1&dq=inassignee:xcor&hl=en&ei=ocoqTs2VDbOnsALr_rGnBg&sa=X&oi=book_result&ct=result&resnum=3&ved=0CCwQ6AEwAg: 1patents.google.comUS Pat. 4565904 – Filed Oct 9, 1984 – Issued Jan 21, 1986 – Qualitone Hearing Aids, Division of XCor Corp.
… [54] REMOVAL HANDLE FOR IN-THE-EAR HEARING AIDS [75] Inventor: Mas Harada, Minneapolis, Minn. [73] Assignee: Qualitone Hearing Aids, Division of XCor …
Rocket combustion chamber with jacket
Alexa Traffic Rank for http://www.google.com/patents?id=yevvAAAAEBAJ&pg=PA1&dq=inassignee:xcor&hl=en&ei=ocoqTs2VDbOnsALr_rGnBg&sa=X&oi=book_result&ct=result&resnum=4&ved=0CC4Q6AEwAw: 1patents.google.comUS Pat. 7854395 – Filed Feb 11, 2008 – Issued Dec 21, 2010 – Xcor Aerospace
… US007854395B1 (54) ROCKET COMBUSTION CHAMBER WITH JACKET (75) Inventors: Douglas B. Jones, Mojave, CA (US); Jeffrey K. Greason, Tehachapi, CA (US); …
Partial superheat cycle for operating a pump in a rocket system
Alexa Traffic Rank for http://www.google.com/patents?id=MsXUAAAAEBAJ&pg=PA1&dq=inassignee:xcor&hl=en&ei=ocoqTs2VDbOnsALr_rGnBg&sa=X&oi=book_result&ct=result&resnum=5&ved=0CDAQ6AEwBA: 1patents.google.comUS Pat. 7784268 – Filed Aug 4, 2006 – Issued Aug 31, 2010 – XCOR Aerospace
(12) United States Patent ao) Patent no.: us 7784268 bi Greasonetal. (45) Date of Patent: Aug. 31, 2010 US007784268B1 (54) PARTIAL SUPERHEAT CYCLE FOR …
METHOD FOR COOLING ROCKET ENGINES
Alexa Traffic Rank for http://www.google.com/patents?id=w0zwAAAAEBAJ&pg=PA1&dq=inassignee:xcor&hl=en&ei=ocoqTs2VDbOnsALr_rGnBg&sa=X&oi=book_result&ct=result&resnum=6&ved=0CDIQ6AEwBQ: 1patents.google.comUS Pat. App 12846728 – Filed Jul 29, 2010 – XCOR AEROSPACE
Illllllllllllllllllllllllllllllllllllllllllllllllll US 20100326044A1 (i9) United States (12) Patent Application Publication oo) Pub. No. …

Andras July 23, 2011 at 11:17 am

Two of them expired already, the rest will soon.
And you can have this fantastic knowledge free.
And noone can ever patent them.
Three amazing features of the patent system was on demonstration here.
1) Timeless innovation becomes truly public and
2) They could raise capital on the IP while their innovation is on the way to become public.
3) You can innovate under our ‘miserable’ conditions.

Dean Wilson July 23, 2011 at 11:25 am

Stephan…you broke the internet.

ymbel July 23, 2011 at 12:39 pm

Jeff how can you not be into space stuff-your the guy who wrote “It’s a Jetsons world”.:)

I guess that’s what happens when all we get is a government version of something-government markets,cars ,education,medicine etc. Just like govenment schools could turn people off to reading and learning anything the govenment touches likewise becomes.

Joe Esty July 23, 2011 at 1:48 pm

Yes, they have to play the patent game, which, of course, doesn’t mean they want to. Don’t fully understand the wet blanket.

Franklin July 23, 2011 at 2:14 pm

Very nice post.
Enjoyed his comment, “While we sit here, debating and quivering over whether we will raise the earth’s temperature by a fraction of a degree, Mars is waiting…..”

On the TED website: “TED speakers have included Bill Gates, Al Gore,…….”

Guess they need to duke it out in a Keynes and Hayekian rap.

Vanmind July 26, 2011 at 3:06 am

Those two are more in cahoots than you would imagine.

Doug Jones July 25, 2011 at 1:15 pm

Andras, the hearing aid patent is not one of ours, just the assignee name is similar. The other patents are recent and will have the normal duration. In a bit of synchronicity, I just (Friday) bought hearing aids that have a “rat-tail” feature to hold the transmitter in the ear canal. I love ‘em.

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