Search Results for: irrational

The Sunk Cost Fallacy

The Sunk Cost Fallacy

To terminate a project in which $1.1 billion has been invested represents an unconscionable mishandling of taxpayers’ dollars. – Senator Jeremiah Denton, 1981 (in response to critics who showed that the total cost of this Waterway Project would be more money than it could ever make) I’m going to describe an experience that my psychophilosophy powers…

The World’s Greatest Problem

The World’s Greatest Problem

Human beings are perhaps never more frightening than when they are convinced beyond doubt that they are right.  — Laurens Van der Post People often ask me: What’s your favorite theory in social psychology? But often what I think they’re really asking is what’s the most important theory? So let me tell you: naïve realism. Naïve realism asserts that humans…

scary picture of a tree knot

A Campfire Scary

Blood is really warm, it’s like drinking hot chocolate but with more screaming. — Ryan Mecum With the good weather, I figure camping season is here already. So for today’s post, I’m going to reimagine one of my favorite campfire stories: Behind the wheel of his new, 1995 Ford pickup, Tanner’s eyelids felt weighty. Music….