Space Property Rights

Wired takes a look at a SMU Journal of Air Law and Commerce (also linked to by Instapundit) article by Dave Wasser and Douglas Jobes about property rights in space and draws parallels to the (not-always-succesful) colonization of America. The Wired piece is a little bit skeptical about the matter, but its well past time to rely on the current model of relying on NASA to get there. According to Wired, Wasser and Jobes propose selling off the property rights. As I've said previously, I think we should go a step further. If you get there first, the land is yours and you don't pay taxes on the land or for any business done at that location.

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