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Gov. Newsom Appeals To The Sunk Cost Fallacy To Promote The Failed Bullet Train
tippinsights.com/gov-newsom-appeals-to-the-sunk-cost-fallacy-to-promote-the-failed-bullet-train
By William L. Anderson, Mises Wire | May 08, 2025
In a recent article on the failed California Bullet Train project, I noted that its promoters are depending heavily upon bureaucratic inertia to keep construction going even after cost overruns have skyrocketed.
Not surprisingly, even…
This story appeared on tippinsights.com, 2025-05-10 09:57:49.