Skip to main content

The cost of Security

When is too much security a bad thing?  One often hears politicians saying "one death is too many", but how does that translate in the real world.

Taking a real world example:  The U.S. government expanded its sky marshal service following the catastrophe of 9/11; today more than 4,000 sky marshals ply the "friendly skies".  Between the end of December 2001 (when the program was first implemented) and December 31, 2009 total arrest by sky marshals was 4, (not per marshal -- in total).  Cost of each arrest was therefore $200 million.

The question is was that an appropriate resource allocation for the government.  But consider this, a number of American shun the airline industry after 9/11 (both fear and additional check-in procedures), the result has been estimated that an additional 3,000 road deaths occurred because of the switch by many Americans away from aircraft (very safe) to their cars (not so safe).

One could say that a percentage of the additional road deaths were caused by the additional inconvenience of flying following the implementation of additional securities measures.  So in fact, the additional security in airports and aircraft achieve the exact opposite of what was intended (e.g. reduce the overall number of deaths).

The law of unintended consequences rules!

Comments

Popular posts from this blog

what people get wrong about tariffs

 The issue is simple. What percentage of the economy is dependent on tariff goods? The truth, is that the US economy is far more closed than people understand. People genuinely believe that all manufacturing has ceased to exist in the United States all given to China on the altar of woke policy the truth can be further from That statement. Only about 15% of US GDP is related to foreign trade. Of that amount, slightly more than half is from Canada in Mexico. And half of that is energy. What that means, is that about 7% of US GDP is tariff dependent. The proof in the pudding, is how little money tariff generates. People think that 30 or 50 billion is a lot it’s not in an economy that has $3 trillion. The impact on the US economy will be less visible but not absent. Inflation hasn’t occurred yet first because tests have hardly started to bite, but more importantly it’s such a small percent of the economy. Now certain things are critical. The rare earth metals from China were critical....

Trump and Venezuela...

The US now owns Venezuela…and not in a good way.  America is not known for its nation building skills, and yet it now owns the disaster that is Venezuela.   Starvation and exodus are the natural progression.   In addition it will become a haven for narco-terrorists, more so than it already was. I am sure that Trump and his friends really thought that little attack very well…I guess that he will now attack Iran now.  

Demographics

 I am preparing a kind of family tree for our children so that they know where they came from.  In my family I am the only survivor, although my brother and sister died recently they were both in their seventies (a story I told already).    It was a fun process, but it provided more than that.  First, I married relatively young I was 26 when I married and nearly 30 when our first child was born.   I was looking at my ancestors.  On my mother's side, she had 6 siblings, Four died before the age of 30, two in war, and two from illnesses.  Only she and a single sister survived.   The two boys had a child each but they died in WWII, and the other sister died as an infant.   what is interesting is that every one of my mother's siblings had children in their early 20s.   I know that my mom was hardly 20 when my brother was born.    What is remarkable is that among our friends, we are the only ones to have fou...