It is natural to correlate fetishism with a sexual connotation, but when Karl Marx discussed the fetishism of commodities, he was instead dictating people’s mysterious notion to enter a social contract of anthropomorphizing commodities.
The flaw that humanity’s approach to probability is that we confuse lack of evidence with proof of certainty.
I understand that the topic of abortion and pro-choice vs. pro-life is incredibly politically charged right now. But that is precisely why I need to write and share my thoughts on this topic.
At the end of the day, the sunk cost fallacy is caused by pride, loss aversion, and irrational commitment to past decisions. The sunk cost fallacy makes us stupid. Don’t let it trick you.