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Terror, Security, and Money - Balancing the Risks, Benefits, and Costs of Homeland Security (Hardcover, New)
Loot Price: R3,114
Discovery Miles 31 140
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Terror, Security, and Money - Balancing the Risks, Benefits, and Costs of Homeland Security (Hardcover, New)
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In seeking to evaluate the efficacy of post-9/11 homeland security
expenses--which have risen by more than a trillion dollars, not
including war costs--the common query has been, "Are we safer?"
This, however, is the wrong question. Of course we are "safer"--the
posting of a single security guard at one building's entrance
enhances safety. The correct question is, "Are any gains in
security worth the funds expended?"
In this engaging, readable book, John Mueller and Mark Stewart
apply risk and cost-benefit evaluation techniques to answer this
very question. This analytical approach has been used throughout
the world for decades by regulators, academics, and
businesses--but, as a recent National Academy of Science study
suggests, it has never been capably applied by the people
administering homeland security funds. Given the limited risk
terrorism presents, expenses meant to lower it have for the most
part simply not been worth it. For example, to be considered
cost-effective, increased American homeland security expenditures
would have had each year to have foiled up to 1,667 attacks roughly
like the one intended on Times Square in 2010--more than four a
day. Cataloging the mistakes that the US has made--and continues to
make--in managing homeland security programs, Terror, Security,
andMoney has the potential to redirect our efforts toward a more
productive and far more cost-effective course.
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