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There’s a great podcast that delves into the Big Dig. It was an exceedingly difficult giant construction project. The original cost estimate was a made up number for political expediency. They lied knowing once they dug a big hole the sunk-cost fallacy would pull them over the finish line.


>lied knowing once they dug a big hold the sunk-cost fallacy would pull them over the finish line.

That's essentially what the CA high speed rail folks did. It remains to be seen if it ends up working out for them.





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