BRYAN CAPLAN
May 7, 2013
Keynesian Bets: What's Out There
May 6, 2013
Keynesian Bets Bleg
May 6, 2013
The Pyramid of Macroeconomic Insight and Virtue
May 2, 2013
A Natalist Provision
May 1, 2013
I Was a Teenage Misanthrope
DAVID HENDERSON
May 5, 2013
John Thacker on Vaccinations and the Sequester
May 3, 2013
Chef Rudy's Virtues Project
May 2, 2013
My take on Reinhart and Rogoff
May 1, 2013
Medicare Kills a Program


I always find such claims of nuclear terrorism absurd beyond belief. There are only a couple hundred or thousand jihadists in the world who are actually beyond retaliation. But making a nuclear weapon requires a very long supply chain. You need all sorts of gizmos that must be precisely manufactured and are very expensive. That means you need a lot of different people to be willing to deal with terrorists. And those people are not crazy. They have families, lives and businesses and they understand that they would bear a very high cost if they helped a nuclear bomb explode in a European or American cities. Furthermore, illegal arms traders and black market financiers are like all businessmen: They have substantial investments what would be significantly harmed if an event of such scale was to occur. Overall, they have no reason to want to touch such an operation with a 10 foot pole.
Aren't you conflating Al Qaeda in 2001 with all potential "nuclear terrorists"? I have no idea what the odds are of any one pulling off a dirty nuke bomb trick---although I am willing to concede it is probably low. But time flies---and many Islamist Fundamentalists have certainly shown a willingness to commit suicide to inflict damage with no possible strategic objective other than to inflict damage per se.
Just because some in Govt are addicted to code red forecasts, does not mean this is not a serious issue.
Hindsight is always 20/20.
"In 1924 ... Mitchell came back with a 324-page report that predicted future war with Japan, including the attack on Pearl Harbor." Billy Mitchell in Wikipedia
As with this Al Qaeda/nuclear problem, the whole Billy MItchell story is complicated. I underscore Mike Rulle above: time flies. 1924... 1934... 1944...
2001 ... 2011 ... 2021 ...
Certainly, after the 1923 Tokyo Earthquake, the idea of Japan attacking Hawaii seemed far-fetched. However, equally ridiculous was the idea (1932... 1942...) that Germany could conquer the world. No matter what they claimed in mass rallies, "planned chaos" would make life as difficult in Germany as it was in communist Russia, and for all the same reasons.
All in all... you never know... It is best to keep your powder dry...