Customer Reviews

Economic Principles Applied to Space Industry Decisions (Progress in Astronautics and Aeronautics)

5 star:		(0)
4 star:		(0)
3 star:		(1)
2 star:		(0)
1 star:		(0)

 

 

Economic Principles Applied to Space Industry Decisions is a tough read. Perhaps due to my own challenged knowledge of two more complex subjects, e.g. applied economics and rocket science, I had to work at this book taking each chapter slowly, deliberately, and re-read time and again to attempt to gain the nuggets of knowledge the authors sought seriously to give me. One must really have passion for the subject matter to enjoy this book. Even as a space human destiny advocate armed with an undergraduate minor in economics and near-completion of graduate master of science in space studies, this was a challenging book with calculus tossed about with economic graphs. I would recommend the authors do a more simplified version of the book and seek models based on the NewSpace industry now emerging, e.g. Virgin Galactic, SpaceX, XCOR, AirLaunch, t/Space, SpaceHab, Bigelow Aerospace, and the smaller, more flexiable firms. Another niche for these authors would be to focus a text on the decline of the American share of the international launch market that tanked in the 21st Century.