The World

[as I find it]

Archive for February 2008

Evangelicalism and the History of Economics

I don’t usually write posts simply to refer to other content, but I have just finished reading an article that I found so interesting I will make an exception. It’s titled Let there be Markets: the Evangelical Roots of Economics, and while the title might warn of a debate along the same old “liberal” and “conservative” party lines, I found it to be much more than that.

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Written by whereofwecannotspeak

February 9, 2008 at 11:50 am

Posted in Ideas

Thoughts on the Economics of Security Systems

Since I was on four different flights out of three different airports recently, I had occasion to do some thinking about the costs and benefits of security systems. I realized that most people take off their shoes without even being asked anymore, or considering whether it’s necessary — despite the fact that they’re the ones paying for, and supposedly benefiting from, that system. Each new threat causes some kind of increase in the cost of maintaining airport security (we didn’t always have to take our shoes off, or pay someone to x-ray them), and the cost of security against the old threats never goes away. Isn’t there a breaking point, then, where the rising cost of the security system comes to outweigh the benefit of having it? And if so, isn’t that a general problem for security systems, not just airport security systems in particular?
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Written by whereofwecannotspeak

February 2, 2008 at 11:03 pm

Posted in Free Software, Ideas