Does Increased Safety Have to Reduce Efficiency?
Edited by Carol Mansfield and V. K. Smith
Chapter 1: Introducing the issues: meeting the challenges in evaluating homeland security policies
The task of evaluating the benefits and costs of public policies intended to enhance homeland security poses unique problems. After 9/11, the risks faced by the United States (US) population and policies needed to address them were seen in different terms. Prior to 9/11, national defense and security were often used as examples of ‘pure public goods’ in introductory economics texts. One of the earliest comprehensive texts, by Nobel laureate Paul Samuelson (1976), defined public goods using security as an example.