...to regulate trade with aliens. (HT2MR.)
I love the premise of the article--how would we conduct trade with aliens?--but after that it's all downhill. Here's a good quote:
Hickman [the journal article author] proposes establishing a "solar system monetary union" or publicly administered "planetary clearinghouse" under which interplanetary merchants could operate.
What's ironic is that this is one area where market anarchy would clearly be preferable. By stipulation, our terrestrial governments can't touch the aliens (we're just exchanging intangible things over the electromagnetic spectrum), and so you've taken away their only advantage, i.e. aggression.
(Well, I suppose if the aliens developed feelings for some Earthlings, our governments could threaten to harm them if the aliens broke any of our rules.)
I'm forwarding this to Ed Stringham. If he gets a pub in the prestigious Astropolitics, all I'm saying is he better thank me in a footnote.
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Is shaping up nicely .
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