Wednesday, September 16, 2009
Not a big student of economics
“I think that good public policy argues for setting the bar pretty high against making significant changes in direction at this point,” said Representative Bart Gordon, Democrat of Tennessee, who is chairman of the Committee on Science and Technology. “There would need to be a compelling reason to scrap what we’ve invested our time and money in over these past four years.”
Sunk costs fallacy anyone?
