An Oxford case study explains why SpaceX is more efficient than NASA

Description

One of my favorite academics is a frustrated Oxford professor named Bent Flyvbjerg, whose career is pointing out that big projects almost always fail in predictable ways. Mega-dams, high-speed rail, Olympics infrastructure, and national IT projects costing more than $1 billion almost inevitably wind up delayed and over-budget, to the point of becoming money-losers…