Opinion Editorial cartoons for June 22, 2025: Iran bombing decision, immigration raids, political violence Published: Jun. 22, 2025, 8:00 a.m. 37 1/37 Editorial cartoons for June 22, 2025 ...

The sunk cost fallacy occurs when we use money, time, or effort we've already spent (and can't recover) as justification to keep investing in something that's clearly not working.

Definitions of Sunk cost fallacyThe sunk cost fallacy is our tendency to continue with something we’ve invested money, effort, or time into—even if the current costs outweigh the benefits. When we ...

Wait! Before you move in, you want to get the interior repainted. The new house is 1,800 sq. ft. and the walls are in pretty good shape. The cost of professional painters varies but you should ...

That is exactly why CEOs don’t do it, unless cornered. The list of projects that fall prey to the sunk cost fallacy are legion. Dare I say bullet train. Or perhaps Ash Street.

Opinion Editorial cartoons for June 15, 2025: L.A. protests, Newsom pushback, Trump military parade Published: Jun. 15, 2025, 7:30 a.m. 39 1/39 Editorial cartoons for June 15, 2025 ...

Enter the Cartoon Caption Contest for a chance to appear in the magazine. Follow @newyorkercartoons on Instagram and sign up for the Daily Humor newsletter for more funny stuff.

But in many cases, it can also be what keeps it going long after its sell-by date, thanks to a phenomenon known as sunk cost fallacy.