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Terror, Security, and Money – Balancing the Risks, Benefits, and Costs of Homeland Security - Oxford Scholarship Online
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Terror, Security, and Money: Balancing the Risks, Benefits, and Costs of Homeland Security

John Mueller and Mark G. Stewart


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?” This book applies risk and cost-benefit evaluation techniques to answer this very question. This analytical approach has been used throughout the world for decades by regulators, aca ... More

Keywords: 9/11, security expenses, war costs, risk, cost-benefit, security funds, terrorism

Bibliographic Information

Print publication date: 2011 Print ISBN-13: 9780199795758
Published to Oxford Scholarship Online: February 2015 DOI:10.1093/acprof:osobl/9780199795758.001.0001


Affiliations are at time of print publication.

John Mueller, author
Ohio State University

Mark G. Stewart, author
University of Newcastle