Browse 221 videos in category Inspirational
In economics we have this concept of sunk costs, referring to costs that have already been incurred, but which cannot be recouped. Sunk cost fallacy refers to the fallacy of honoring sunk costs, which decision-theoretically should just be ignored.
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- 2 comments
In his new book ‚Madness of the Crowds‘ Douglas Murray describes vividly how demands of an ever growing number of minorities are influencing our everyday lives and already yield more influence than your average ‚normal’ person. In our interview Douglas Mur…
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- 12 comments