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12.02.2022 / 01:05

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Privatise the moon to help wipe out poverty on Earth say economists

For more of the latest news from Daily Star, make sure you sign up for one of our newsletters here. A spokesman for the Institute said the move could turbocharge scientific discovery and give all of humanity a greater stake in space exploration."Rents paid on plots of moon land could be leveraged to benefit the whole of humanity through alleviating poverty on Earth as well as democratising space travel,’’ she said."Under the proposed system individuals would compete against each other for plots of land on the moon that have most likely been initially acquired by, or assigned to, particular nations."This competition would consist in paying rent such plots at a rate determined by supply and demand."Rent rebates could be given for improving the condition of land or providing for urgent human needs.

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