Bruce Wydick, a professor of economics at the University of San Francisco, has written an interesting OpEd in USA Today about sunk costs and the Iraq war. Here is his lead: Our inability to think clearly about sunk costs is impeding our ability to make clear decisions about our involvement in Iraq. Failing to correctly identify sunk costs (those that . . .
Maybe it was guest blogger Paul Kimmelman’s dissection of the Wii shortage, or your many-voiced response. Regardless: Nintendo is boosting its Wii production: Nintendo’s president acknowledged Friday that the shortage of the hit Wii game machine was “abnormal,” and promised production was being boosted to increase deliveries by next month.”We must do our best to fix this abnormal lack of . . .
Aside from the actual sadness of events such as this, I am additionally saddened by how they tend to play out in public. They become instant platforms for people with all sorts of motives to opine and rant against their pet targets — media, guns, mental illness, privacy, etc. — when in fact what happened was a tragedy and an . . .