Posts Tagged ‘airport security’

  • Is More Security Too Expensive?

    Jan 11, 10 • 103 Views • Thinking EconomicallyNo Comments

    Great cost benefit analysis in yesterday’s Wall Street Journal. How do we decide whether the cost of intensified airport security is worth the benefit? 1. The TSA says that one life saved is worth $3 million spent. That means, though, that we have to...