Terrorism and the Economy: How the War on Terror is Bankrupting the World

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Retribution is important, for game theory suggests that a tit-for-tat policy is the best way to guarantee long-term good behaviour by the offending party. However, while planning retribution, we should not forget the economics. We cannot win this war of attrition by focusing on retribution that makes things costlier for us rather than them. Though we have computed only the human costs here and ignored the logistical costs incurred by the jihadis and those whom they attacked, the point is that terrorism is attractive precisely because it is so cost-effective.

Unfortunately, those whose duty it is to fight terrorism forget the cost element when planning defence or retribution against mindless violence. If we continue doing this, we are going to lose the war. This has been the true cost of trying to spend too much to prevent American deaths. In Kashmir, we have been pouring thousands of crores to contain terrorism and separatism.

Nobody disputes the need to keep Kashmir in India or to fight terrorism in the valley , but this year, thanks to the Pulwama attack , for the first time, the number of security forces killed exceeded those of terrorists killed in the ratio of , according to data computed by the South Asia Terrorism Portal till 15 February. In the previous five years, the ratio was in favour of our security forces in the range of to The IAF air strike on Jaish camps in Balakot may have changed this human cost-benefit ratio again, but we have to compute economic costs too.

023: Loretta Napoleoni on Financing Terrorism and the Creation of the Islamic State

There is little doubt that security operations in Kashmir have cost us big in terms of resources. Wars on terror cannot be fought on the basis of emotional responses and security assessments alone. They have to be fought on economics too.

We need to ask ourselves whether we are being suckered into ever-expanding commitments even as we obtain a lower bang for every buck we pour into the state in the name of security. Nancy Updike. Sarah Vowell. Although more than prisoners from the U.

Interview – Loretta Napoleoni

Jack Hitt conducts rare and surprising interviews with two former Guantanamo detainees about life in Guantanamo. Joseph Margulies, a lawyer for one of the detainees at Guantanamo, explains how the detention facility there was created to be an ideal interrogation facility.

Any possible comfort, such as water or natural light, is controlled entirely by the interrogators. Jack Hitt explains how President Bush's War on Terror changed the rules for prisoners of war and how it is that under those rules, it'd be possible that someone whose classified file declares that they pose no threat to the United States could still be locked up indefinitely—potentially forever!

Clarification: When Seton Hall professor Baher Azmy discusses the classified file of his client, Murat Kurnaz, he is referring to information that had previously been made public and published in the Washington Post. The government had an almost impossible task after the September 11th attacks: They had to try to stop terrorists before they did anything — in some cases, before they even committed a crime. Hemant Lakhani, an Indian-born British citizen, had been a salesman all his life.

Clothing, rice, oil Our story about Hemant Lakhani's case continues, through the sting and the trial.

How the Patriot Act created conditions for economic malaise

In , a Palestinian named Arin Ahmen was arrested for planning to become a suicide bomber in Israel. A month later, Israel's defense minister visited her in prison. In this election year, one question is rarely asked in a very direct way: Is the Bush Administration competent at conducting the war on terror? Every few weeks it seems like there's more news about how badly it's going: Senior Administration officials like Colin Powell now admit the insurgency in Iraq is growing; terror suspects like Yasir Hamdi who supposedly were so dangerous that having a lawyer talk to them about their case would compromise national security are released without trial because the evidence against them is so flimsy; there was the Abu Ghraib prison scandal; and just this week, the former head of the U.

Chris Neary tells the story of how a bungled Nazi sabotage operation from the early days of World War II has become the legal foundation for the Bush administration's current push to try U. But when you return to the original facts of the case, it's not only unclear if they support current Administration policy, it's unclear if they support the Supreme Court's decision in the original case.

Hyder notices changes in Kabul in the year since he visited Afghanistan. Then he heads to Kunar, near the Pakistan border, one of the remote regions where Al Qaeda, the Taliban and local warlords are still fighting the new Afghan government and the U. Nauru is a tiny island, population 12,, a third of the size of Manhattan and far from anywhere: Yet at the center of several of the decade's biggest global events. Contributing editor Jack Hitt tells the untold story of this dot in the middle of the Pacific and its involvement in the bankrupting of the Russian economy, global terrorism, North Korean defectors, the end of the world, and the late s theatrical flop of a London musical based on the life of Leonardo da Vinci called Leonardo, A Portrait of Love.

She's accompanied by Jon Langford and the band.

There are at least two American citizens being held without charges, unable to see lawyers, in military jails in the U. There may be more. In the war on terror, the government is rounding up foreigners, checking their immigration status, and then, sometimes, deporting them. It won't give out their names. Reporter Jon Ronson tells the story of how, in the immediate wake of September 11, he became convinced that a man he'd done a story on was responsible for the Anthrax attacks in America.

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So he did something he'd never done before, he ratted out his source to the FBI. Several years ago, before most of us paid much attention to the name Osama bin Laden, Reporter Jon Ronson spent a year following around a Muslim activist named Omar Bakri, who called himself bin Laden's "man in London. After September 11th, he had to change his mind again.