Time to Close the Security Theater
Better yet, it needs to be replaced with a competitive market for air travel in which the airports, the airways, and the airliners are in private hands.Some might object that private firms will have incentives to cut corners on safety. It is a legitimate concern, but competitive mechanisms tend to weed this out.Ugh, how are they going to 'weed this out' exactly? Seems to me competitive pressures would lead private firms to do exactly what the TSA is doing i.e. give the appearance of being serious about security. And do it cheaply. Christ, all these high-profile hacks against big corporations recently and this guy really expects anyone to believe that competition will 'tend to' force businesses to take security seriously? The author hasn't given this a lot of thought, I strongly suspect.The TSA is awful. But the idea that competition and the free market is a panacea for all problems financial and social is too often used as a crutch by bureaucrats and politicians who don't want to do their god damn jobs, and as a cudgel by idiot pundits on the payroll of big business, as we see here.Just fix the TSA.Edit: and it appears Forbes stores your passwords as plaintext. Really shining example of the free market and competition magically solving all our problems, fellas.