September 20, 2005
Those Airport Security Lines
Posted by Victor Fleischer
Ever wonder what economic effect those long lines have? These guys can tell you.
Not surprisingly, increased screening drives down air travel demand. Pointless and excessive screening is the non-obvious way of letting the terrorists win. We should take some of the money dedicated to screening (whether in the form of cash outlays or silly rules that lead to welfare losses) and reallocate it to better uses.
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