This commitment to a failing venture is a textbook example of the sunk cost fallacy: the tendency to continue a project or stick with a decision based on past investments, rather than evaluating ...

“The idea that you can go and compete at that level and win and not be ruthless, that’s a fallacy,” said Nicholas on the High Performance Podcast. “If you want to win at this level and be ...

This is called the sunk-cost fallacy – an attachment to an item because of what we spent in the past, even if we now hate the item. The idea of ‘sunk costs’ is one of the biggest roadblocks ...

Israeli-Saudi normalization will remain an uphill battle for the Trump administration. Moreover, as the costs of regional engagement with Israel have gone up, the expected returns have only gone down.

opportunity costs, sunk costs, and controllable costs. Cost accounting is an accounting method that takes into consideration a company's total cost of production by evaluating both fixed and ...

President Donald Trump said on Sunday that he had instructed the Secretary of the US Treasury to stop making new pennies, writing that they “literally cost us more than 2 cents.” He’s right ...

Photo: Anna Moneymaker/Getty Images WASHINGTON—When Elon Musk acquired Twitter in 2022, one of his top lieutenants was so focused on cutting costs that a former employee recalls him asking how ...

Duo, the green cartoon owl mascot for language learning app Duolingo, has died, and singer Dua Lipa is grieving. The brand announced Duo’s passing on Tuesday, writing in a cheeky statement on th ...

Across the world, public finances are stretched dangerously thin. Per person growth continues dropping while costs are climbing for pensions, education, health care, and defence. These urgent ...