As Nasa is a government agency, I wonder if lack of regulation and oversight played a hand in this. This sort of scenario is exactly why I'm concerned about the recent trend towards rampant free market economics and libertarianism. Those ideas have merit in certain situations, but also increase risk to the public as witnessed here by losses that are proportionately much higher than any efficiency savings. I'm also co…
Honest questions: 1. Is there any compelling evidence that this incident is attributable to "free market economics"? It seems equally possible that it's attributable to notoriously poor incentive structures in government agencies. In my view it seems most likely that it's neither, in this particular case. 2. Is there evidence that there is a "recent trend towards rampant free market economics and libertarianism"? Aga…
https://www.google.com/search?q=deregulate&tbm=nws
Part of the issue is geographic. Being born and raised in Idaho, I've found myself surrounded by libertarians. Conservative-leaning people tend to move here from more liberal states on the coasts.
Now where it really gets interesting is when libertarian think tanks do the opposite of what might be expected:
https://www.hjnews.com/montpelier/voter-initiatives/article_...
In this case Idaho Freedom Foundation (a local libertarian think tank) is against public voter initiatives (which may someday lead to the legalization of marijuana in Idaho) but is for getting public approval for urban renewal projects like the Boise city library teardown/rebuild and new stadium.
You just can't make this stuff up.