WC Is Always Willing to Help Republicans Better Grasp Reality

Alaska’s Megaprojects and the Sunk Cost Fallacy


Charles Wohlforth had a nice opinion piece in the Alaska Dispatch News recently, discussing one of Alaska’s failed megaprojects, the Point MacKenzie Rail Extension Project. At this point, Wohlforth shows, it is a hideously expensive bike path. But it offers WC an irresistible opportunity to provide the Republican Majority caucus of the Alaska Legislature with an object lesson…