Author: Al Downs
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Even in space, competition brings out the best
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Congress was considering giving billionaire Elon Musk’s SpaceX a monopoly over military space launches. Luckily, the language was stripped before the bill’s final passage, offering an important reminder that, in a society that values economic prosperity and opportunity, a legally sanctioned monopoly is more than counterproductive; it is cheating. Buried in the over-600-page National Defense…