Posted by Todd Zywicki:
Anne Applebaum on Cost-Benefit Analysis and Airport Security:
http://volokh.com/archives/archive_2005_06_12-2005_06_18.shtml#1118842605


   Having spent yesterday engaged in an agonzing day of a round-trip
   flight to New York and back, Anne Applebaum's column today calling for
   the most minimal assessment of cost-benefit analysis in airport
   security seems right on target. From [1]Airport Security's Grand
   Illusion:

     If you happen to be reading this while standing in one of those
     disturbingly slow, zigzag lines at airport security -- looking
     repeatedly at your watch, wondering if this time you really will
     miss the plane -- here's something to make you feel worse: Almost
     none of the agony you are experiencing is making you safer, at
     least not to any statistically significant or economically rational
     degree. Certainly any logical analysis of the money that has been
     spent on the airport security system since Sept. 11, 2001, and the
     security that the system has created, must lead to that conclusion.

   She continues:

     Yet this mass ceremonial sacrifice of toenail clippers on the altar
     of security comes at an extraordinarily high price. The annual
     budget of the federal Transportation Security Administration hovers
     around $5.5 billion -- just about the same price as the entire FBI
     -- a figure that doesn't include the cost of wasted time. De Rugy
     reckons that if 624 million passengers each spend two hours every
     year waiting in line, the annual loss to the economy comes to $32
     billion. There has also been a price to pay in waste, since when
     that much money is rubbed into a problem with that kind of speed --
     remember, the TSA had only 13 employees in January 2002 -- a lot of
     it gets misspent. In the case of the TSA, that waste includes
     $350,000 for a gym, $500,000 for artwork and silk plants at the
     agency's new operations center, and $461,000 for its first-birthday
     party. More to the point, the agency has spent millions, even
     billions, on technology that is inappropriate or outdated.

     In fact, better security didn't have to cost that much. Probably
     the most significant measure taken in the past four years was one
     funded not by the government but by the airline industry, which put
     bulletproof doors on its cockpits at the relatively low price of
     $300 million to $500 million over 10 years. In extremely blunt
     terms, that means that while it may still be possible to blow up a
     plane (and murder 150 people), it is now virtually impossible to
     drive a plane into an office building (and murder thousands). By
     even the crudest cost-benefit risk analysis, bulletproof cockpit
     doors, which nobody notices, have the potential to save far more
     lives, at a far lower cost per life, than the screeners who open
     your child's backpack and your grandmother's purse while you stand
     around in your socks waiting for them to finish.

References

   1. 
http://www.washingtonpost.com/wp-dyn/content/article/2005/06/14/AR2005061401346.html

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