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Computing the bailout plans: how much is that in Apollos?
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Over at the Cosmic Log, talented writer Alan Boyle ponders economic bailout plans, and translates them into coin of the realm, space-style.
How much will $700 billion get you? Roughly speaking, the widely publicized cost of the financial bailout … er, rescue package … is equal to seven Apollo programs, or 70 state-of-the-art atom-smashers. The magnitude of the figures being thrown around is so much easier to understand when you use our currency conversion chart for mega-projects.
Boyle starts with one "Allen," which he explains this way:
Paul Allen's expense on the SpaceShipOne project, or on the Allen Telescope Array. Also, the cost of a ticket to the international space station on a Russian craft, or the Google Lunar X Prize purse........$25 million (ranging up to $30 million)
And he builds his space currency from there. It's a great look at how the bailout package translates into actual dollars used on space and science.
Don't miss this article. It's a darned good one!
For more info: Alan Boyle's Cosmic Log
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