In the comment discussion about Linus’s schedulers vs. security polemic, Iang mentioned a paper he’s writing:

We hypothesize that security is a good with insufficient information, and reject the assumption that security fits in the market for goods with asymmetric information. Security can be viewed as in a market where neither buyer nor seller has sufficient information to be able to make a rational buying decision. These characteristics lead to the arisal of a market in silver bullets as participants herd in search of best practices, a common set of goods that arises more to reduce the costs of externalities rather than achieve benefits in security itself.

— The Market for Silver Bullets, by Ian Grigg, Systemics, Inc. $Revision: 1.27 $ $Date: 2005/11/05 18:25:54 $

Evidently security needs to find another precious metal for its bullets, given that the Storm Botnet is still out there after months, phishing becomes more expensive all the time, spam has killed electronic mail for a whole generation of users, and the best the monoculture OS vendor can come up with is a new release that attempts to push responsibility for all its bugs and design flaws back on the user.

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