It is rare that a government report offers a realistic, near-term solution to a pressing, long-standing, black swan problem. It is rarer still that such a report recommends relying on the market rather than advocating a solution that costs billions of dollars and takes many years to deploy.
But that is exactly what the Department of Homeland Security has done in addressing the risks of Global Positioning System disruption that would impair our critical infrastructure.
GPS is the silent, free-of-charge, government-owned utility that most of our critical infrastructure depends on for precise timing or positioning information.
