New Mars Forums

Official discussion forum of The Mars Society and

You are not logged in.


Announcement: As a reader of NewMars forum, we have opportunities for you to assist with technical discussions in several initiatives underway. NewMars needs volunteers with appropriate education, skills, talent, motivation and generosity of spirit as a highly valued member. Write to newmarsmember * to tell us about your ability's to help contribute to NewMars and become a registered member.

#1 2021-05-15 06:14:37

From: UK
Registered: 2008-03-24
Posts: 6,871

Building the Mars Economy - Vital first steps

Here are some vital first steps that will help build the Mars economy and can be undertaken within the first ten years.

1. Establish a satellite post grad campus - University of Mars (UoM) - with financial backing from an alliance of top Unis across the world e.g. Cambridge, Paris, Tokyo, Bologna and MIT. They would need to invest heavily - at least 100 million dollars up front and a continuing contribution of maybe 10 million dollars pa.

The UoM would be governed by a Senate drawn from the contributing universities under a Charter issued by the Mars Corporation.

UoM would specialise among other things in geology, astronomy, physics, solar energy and engineering. If life is discovered on Mars that would of course justify a whole department to itself. 

Space X or the Mars Corporation will receive large rent, transit and life support payments for enabling UoM to get to and live on Mars.

2. Partner with Space Agencies.  Not just NASA, but many other agencies around the world would welcome the opportunity to send astronauts to Mars. It would be much cheaper for them to get Space X to take their astronauts, rovers and science packages to Mars, instead of trying to fund that themselves. This could be worth 100 millions of dollar.

3. Establish a PV panel factory on Mars.

Let's Go to Mars...Google on: Fast Track to Mars


#2 2021-05-15 07:14:00

Registered: 2018-04-27
Posts: 7,347

Re: Building the Mars Economy - Vital first steps

For Louis re #1

Best wishes for success with this new topic!

This post is available/reserved for an Index to Highlights of posts that may follow.

SearchTerm:Economy Mars Building

Index: Challenge: Post #3 by SpaceNut

In this post, SpaceNut provides a summary of investments likely to be required for Mars Settlement, including creating a viable economy.

It is possible that Louis and other Forum members will respond with realistic estimates of amounts needed for parts of the project, and ultimately for the whole.



#3 2021-05-15 08:32:26

From: New Hampshire
Registered: 2004-07-22
Posts: 23,122

Re: Building the Mars Economy - Vital first steps

The main issue for mars starting is cost to get there with even current to future rockets, delivery of insitu resource processing equipment as robotics are costly, medical unknown of mars level gravity plus control of radiational exposure, life support ( in water, food, air power) and espansion of living habital area from brought to built which adds to the insitu processing equipment for construction.


#4 2021-05-15 11:59:39

Registered: 2018-04-27
Posts: 7,347

Re: Building the Mars Economy - Vital first steps

For Louis ... as you think about how to develop the potential of this topic ...

Yesterday, amidst all the news and punditry that flows by on Fridays (in the US for sure!) I caught a brief mention of an idea I thought worth remembering ... I ** think ** the discussion was about the (possible) influence of a government upon the economic productivity of a population.  The speaker offered an analogy to an iceberg ... the speaker likened the influence of (any ) government (in a capitalist society) to the tip of an iceberg, while the vast majority of the productivity of the society exists in the great bulk/mass of the society out of view.

I bring this up in connection with your initiative here ...

It seems reasonable to me to enlist the private sector to design all the equipment needed by Mars explorers and future settlers, and to compete for contracts to supply it.

According to my memory of reports about the American Gold Rush, the vast majority of wealth that was generated by that activity accrued to the suppliers of goods and services needed by the (would be) miners.

So I would expect the future to unfold as the Mars project gets going in earnest.

Thus, I'm hoping your topic here will attract examples of goods and services that explorers and settlers will need.

The My Hacienda topic (which itself is a branch of your Sagan City vision) is attempting to identify specializations that will be needed to sustain "first world" civilization on Mars, despite the separation necessarily occasioned by distance within the Solar System



Board footer

Powered by FluxBB