The Risk of Too Much Air Safety Regulation (2020) [pdf]
cato.org
cato.org
More seriously, you'll note that none of the charts have numbers. They're all more-or-less standard economics demand curves, except for Figure 3, which is a kind of "Laffer Curve" for "net lives saved". Table 1, which is a bunch of numbers, is for things that are (or have been in the past) collected by the FAA or NHTSA, some federal agency.
This is just ideologically driven application of junior-year economics, plus a mystical belief in "Laffer Curve" type cost/benefit analyses.
The goal of a human should be not to die, not avoiding death from aviation, the fixation to hammer on this industry happens because people are intuitively scared of it and the physics is not sufficient to have them stay calm because they ignore the concept of lift , propulsion etc. etc.
And also because of bad memories from the past which have nothing to do with planes, more like with the lack of a couple of Law Enforcement agents on board.
That is to say, upon reflection, this article is dumber than I thought. It's pure propaganda.
We all know that airplane travel is the safest means of transportation and that a plane is among the safest space a human can occupy period.
Intuitively we all know that deaths could be reduced elsewhere in society (not necessarily transportation) by taking some IQ brain power and computing power that is in heavy needed to reach the 5th 9 after the comma to make planes 99,99999% safe and diverting elsewhere
Geez man zoom out
You're reaping what you sowed. The article is propaganda, and can be dismissed as such because it uses the trappings of economics, but not the numbers, to try to justify a solely ideological point. That is, they're lying. Since this is from the Libertarian Cato Institute, I guess we knew that anyway. Don't know what I expected from them.
So now that we got that out of the way, please stop acting robotic and give me your intuition on the topic not the one of the guy who has to win an argument against CATO
Mass transit airplanes are absolutely not buses or cars, or even trains. There's very, very few of them made. There are only 2 ways to get to safe quality machines. One is by statistical methods and constant incremental improvement, like Toyota, and to a lesser extent, other car companies do. This requires a lot of production, and a culture of feedback from in the field to the designers to the factory.
The second is to have high standards and inspect, verify and qualify everything. Since transport aircraft production is so low, there's really no possibility for feedback like Toyota or Honda uses. We're stuck with regulation, or we don't have an air travel system.
Did you read this far, or were you "not too keen" on finishing a longer post?
Just to mention the TSA you have to face in airports vs. absolutely fuck all lack of security while boarding trains and subway trains where you could be carrying a nuke or an AK47 in your suitcase and nobody checks a damn thing nor the ID etc.
Plus the train arrives right in the city center where an ill intentioned individual could do maximum damage
But not limiting to transportation means just observing how loose is safety in our cities where death is always around the corner (from accidental kinetic impact or human assault)
> > One is by statistical methods and constant incremental improvement,
It's the only game in town. We did that for ships, trains, automobiles and yes even planes, they aren't special.
The lessons learned won't disappear.
> > Spending less on air safety would make the currently-conspiratorial US public afraid of flying, particularly if 2 more 737-MAX type incidents happened. Air travel would drop off drastically, and all the travel that was worth it, would be done by automobile.
This is the crux of it all, it's in fact a psychological problem not factual. The same that affects nuclear reactors.
If 2 737Max go down in 2026 airplanes would still be many orders of magnitude on a casualty per mile traveled on a unit of time basis, especially when compared against automobiles.