Luna's prime real-estate and how to seize it

Though 1967's Outer Space Treaty says no country can lay claim to the moon (and thus no person can get a deed to lunar territory), the treaty does allow for commercial and scientific installations on Luna, and there are some very small, very valuable bits of crater rim that could be squatted in this way, to the enormous benefit of whomever gets there first (and the detriment of all others). (more…)