Terror, Security, and Money: Balancing the Risks, Benefits, and Costs of Homeland Security

Paperback | October 6, 2011

byJohn Mueller, Mark G. Stewart

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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 securityguard 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 ofScience 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 Americanhomeland 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,and Money has the potential to redirect our efforts toward a more productive and far more cost-effective course.

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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 securityguard at one building's entrance enhances sa...

John Mueller is Woody Hayes Chair of National Security Studies, and Professor of Political Science at Ohio State University. He is the author of Atomic Obsession (OUP 2009). Mark G. Stewart is Professor of Civil Engineering and Director of the Centre for Infrastructure Performance and Reliability at the University of Newcastle in Aus...

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Format:PaperbackDimensions:280 pages, 6.1 × 9.02 × 0.79 inPublished:October 6, 2011Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0199795762

ISBN - 13:9780199795765

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Table of Contents

1. ASSESSING RISK2. TERRORISM AS A HAZARD TO HUMAN LIFE3. THE FULL COSTS OF TERRORISM4. EVALUATING HOMELAND SECURITY SPENDING5. PROTECTING THE HOMELAND: SOME PARAMETERS6. HOMELAND PROTECTION: INFRASTRUCTURE7. PROTECTING THE AIRLINES8. ASSESSING POLICING, MITIGATION, RESILIENCE9. CONCLUSIONS AND POLITICAL REALITIES