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Over the past half-century there has been a rapid expansion in commerce off the surface of our planet. Nations and corporations have placed hundreds of satellites that provide billions of dollars' worth of communications, scientific, global positioning, and commercial services, while construction has been completed on humanity's ninth and largest space station. On the planet itself, government agencies, corporations, and individuals plan for the expansion of economic development to the lunar surface, asteroids, and Mars. The future of space exploration seems likely to include a mix of large government funded missions as well as independent private-sector missions. This book examines the economic history of American space exploration and spaceflight, from early astronomical observatories to the International Space Station, and argues that the contemporary rise of private-sector efforts is the reemergence of a long-run trend and not a new phenomenon. [i]Alexander MacDonald is a nationally recognized expert on the economic history of American space exploration and advises on national space strategy development and private-sector space activities. He lives in Washington, DC.[/i]
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