Welcome! I'm sharing and developing ideas about business, politics, and government. I would love you're feedback - please comment with your thoughts, questions, or suggestions - It will really help my thinking and writing get better, and our ideas might come together in exciting and unexpected ways. If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!
“If it ain’t broke, don’t fix it”
You often hear about the perils of sunk costs, but can sunk benefits lead to bad choices too? I can imagine many situations were people would cling to something because it had been beneficial in the past. Maybe that’s why our government is so insistent on keeping GM alive (Does anyone honestly believe GM will be an engine of growth in the future?). Sunk benefits might also play into resistance to change.
Possibly (Computer Generated) Related posts:
- Big Money In Finance
- Ecological System Collapse
- Time to pull the plug on GM?
- Secrets From the School of Googlenomics
- Modern Auctions
