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Annie Duke on the Power of Quitting

EconTalk

Is There a Virtue to Ignoring Sunk Costs?

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The California bullet train is supposed to connect L.A. to San Francisco, but it's not going to go that fast. The state has built a sixth of the speed and hasn't even done a real safety test. John Sutter: They're creating an incremental improvement over the current way we transport cargo because they won't give it up.

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