A Better Approach to Terrorism
by Jeff Deist sub-topic» War on Terrorism
But if market failure is the justification for state-provided public goods like security at airports, what is the argument when such state services utterly and predictably fail to protect anyone? Do economists then clamor about “bureaucratic failure” and propose privatization to break up the state’s unnatural monopoly on police and intelligence services?
On the contrary, nobody blames government agencies or government police when terrorist acts are not thwarted. If anything, state actors are rewarded with increased budgets, personnel, and powers when horrific things happen on their watch. After the 9/11/2001 attacks in New York, for example, whole new federal agencies and departments were created. Federal intelligence agencies were vastly expanded. State and local police went on buying sprees for new militarized equipment.