Re:Time to Close the Security Theater
by siculars on Friday July 01, 2011 @09:42AM
(#2718266)
I'm all for what the Author is getting at here. My one nit to pick is the following:
"Some might object that private firms will have incentives to cut corners on safety. It is a legitimate concern, but competitive mechanisms tend to weed this out."
What does that mean? We need to have a security incident before one private firm is replaced by another? Flying is the kind of business where you need to be spot on every single time or people will surely die. TSA is obviously not the way but neither is simply saying that market forces and capitalism will solve the problem.
Re:Time to Close the Security Theater
by jbellis on Friday July 01, 2011 @09:45AM
(#2718278)
Very next sentence: "It is important to remember too that just because competitive markets might not provide the best of all conceivable worlds doesn’t mean that government intervention can."
"Some might object that private firms will have incentives to cut corners on safety. It is a legitimate concern, but competitive mechanisms tend to weed this out."
What does that mean? We need to have a security incident before one private firm is replaced by another? Flying is the kind of business where you need to be spot on every single time or people will surely die. TSA is obviously not the way but neither is simply saying that market forces and capitalism will solve the problem.