True Economics

True Economics is about original economic ideas and analysis concerning everyday events, news, policy views and their impact on the markets and you. Enjoy and engage!

Showing posts with label Sunk cost fallacy. Show all posts

Monday, February 26, 2018

26/2/18: South Korea Avoids Sunk Cost Fallacy

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As shown consistently by economists, Olympic Games are a vanity project that wastes public resources, scarce public resources. In this cas...

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