"I'm a little confused here. As I understand it, the primary use for 
elevator technology is to make orbital insertion more economical. I don't 
see the connection between that, protection from cosmic radiation, and 
cruising speed in space flight."

Methinks faster than mewrites. :) Radiation is a big problem in space, as 
well as micrometeorites both of which are a race against time. A shuttle 
launch exhausts nearly the entire fuel supply, and it is expensive, leaving 
little fuel for the longest stretch of flight making it a very long trip to 
Mars (for example). The best solution seems to establish permanent cargo 
lifts into orbit to facilitate a space industry. 

Like you said, there may be mining opportunities for various materials 
(gases from Jupiter, and metals from other places). There is also plentiful 
solar radiation, we could maser it down to the Earth from orbital 
collectors. I think we could eventually set up a chain of reactors into 
nearer Sun orbit that will undergo various processing that is too energy 
consumptive to expore here on Earth. Thinking, processing metals, perhaps 
reforming molecular structures that hold massive energy potential (aluminum 
is one, but we could 'cook' up better I'm sure). So we could use them on 
Earth, lift the cargo to a launching orbit, pass it into another orbit(s) 
that take it through processing again to recharge after depleted. VERY cool 
stuff.

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