Warning: Use of undefined constant add_shortcode - assumed 'add_shortcode' (this will throw an Error in a future version of PHP) in /nfs/c03/h04/mnt/49321/domains/hackingtheuniverse.com/html/wp-content/plugins/stray-quotes/stray_quotes.php on line 615

Warning: Use of undefined constant MSW_WPFM_FILE - assumed 'MSW_WPFM_FILE' (this will throw an Error in a future version of PHP) in /nfs/c03/h04/mnt/49321/domains/hackingtheuniverse.com/html/wp-content/plugins/wordpress-file-monitor/wordpress-file-monitor.php on line 39
Tag: economics

Archive for economics

You are browsing the archives of economics.

Wealth Expansion in Space

Any resource that cannot be replaced as fast as it is consumed is considered to be “non-renewable”. By contrast, resources that can be replaced or seem to be available in unlimited supply are considered to be “renewable”. The definition of these two categories is fuzzy and can change over time. In most economic theories, renewable […]

Asteroid Belt Economy

University of Alabama graduate students ponder building necessary infrastructure for space exploration. There are two missing pieces in their thinking: Instead of building outposts on craggy, randomly shaped rocks, it makes more sense to fabricate whatever you want (a space habitat) and spin it to create internal gravity-like force. With very cheap energy, plentiful building […]

Ethics of Economics

Economic systems are often a blend of social and political ideologies that form a framework of principles to guide economic production, distribution of goods and consumption. That framework is essentially a system of ethics that is being applied to a group in a specific subject area. In primitive economic systems, which are generally smaller, production […]

Economics in Space

Before attempting to predict how commerce will occur in space or how government will be designed to regulate it, it is important to understand how the basic economic factors will be changed. Comparison of Economic Elements On Earth ELEMENT In Space free AIR expensive cheap WATER expensive moderate FOOD moderate expensive ENERGY cheap expensive TERRITORY […]