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How Sunk Cost Fallacy Drives Authoritarian Policies
Sunk cost fallacy is the tendency of people to stick with a decision or course of action that isn’t having a positive result because the person has invested time, money and/or resources that cannot be recovered and do not want to feel that they have wasted them. In many cases, sunk cost fallacy can even drive people to double...
No Headspace Evidence
Is there a pandemic of mental illness among young people? Is almost one in two young women affected by mental illness? In an opinion article in The Australian, Patrick McGorry, a celebrated psychiatrist, 2010 Australian of the Year and recipient of an Order of Australia Award for his services to youth mental health, claimed this was so. McGorry quoted a paper...
