One economic think tank is pushing for lunar property sales despite the fact that it is not allowed for one country to lay claim to property in outer space.
The Adam Smith Institute published a paper titled Space Invaders: Property Rights on the Moon.
The premise earned a lot of mockery online.
Lowe acknowledges that the ownership of space property is currently outlawed by an international treaty.
Lowe argues in the paper that lunar real estate should be included in commercial space travel as it becomes more common. She argues against an approach based on international consensus, instead offering an individual approach.
The Berlin Conference that split up the African continent among European nations in 1884 sounds a lot like the plan to portion the Moon off. Each government would figure out how to make the sale of their plot of moon land fair, via what Lowe mused could involve.
Lowe admits that the scheme is built on individual nations against each other for plots of land on the moon, though he doesn't know who would be in charge of portioning off lunar property rights.
The scheme does make sense, though it takes a lot of critical thinking to realize that if the global community decided to do something like this, it would result in conflict.
We might have to figure out who gets to own the Moon. Let's hope smarter people come up with better schemes than this one.
Property rights on the moon are the subject of Space Invaders: Property Rights on the Moon.
There is a ridiculous analysis that claims you could build a house on the moon for $60 million.
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