On Fri, Jul 17, 2009 at 4:25 PM, Doug Pensinger<brig...@zo.com> wrote:

> So if there was some vital benefit to society and it couldn't be provided
> without a financial loss, how would the free market provide it?

I think I see a communication problem here. You talk of the "free
market" as if it were a thing, like a replicator on Star Trek that
provides food. When I talk of a free market, I mean the state of not
restricting or coercing people in their choices to freely interact
with each other. Freedom to choose as one wishes without being told
what to do by others.

So, to explore your question, there are non-coercive institutions that
provide services and do not make a profit. They are usually called,
aptly enough, non-profit corporations, or charities. People freely
choose to support certain institutions which, in their judgment,
provide a "vital benefit to society".

To get back on topic, if Americans had not been forced to pay to land
people on the moon (or something else) but had instead decided where
to spend their money themselves, undoubtedly some fraction of the
spending would have gone to various charitable causes. If landing
people on the moon were important enough to enough people, it could
have been done by a non-profit (or profit) organization or
organizations. But I think the fact is that landing people on the moon
is not important enough to enough people. It mostly just appeals to a
small number of special interests and looks good on a politicians
record.

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