Paul Krugman

@paulkrugman ↗

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Last Checked Nov. 2, 2020

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Sat Oct 19 13:22:28 +0000 2019

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Paul Krugman @paulkrugman

I suspect that Trump's own behavior reflects the same thing: in a way he caved in to Erdogan bc he can't admit that his previous concessions to dictators have gone badly; he may even be doing the Doral G-7 thing bc he can't admit that previous malfeasance is a problem 3/ — PolitiTweet.org

Posted Oct. 19, 2019 Hibernated

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Paul Krugman @paulkrugman

Psychologists and business strategy experts talk about the problem of "escalation of commitment" — both people and organizations often double down on bad strategies because they refuse to admit previous error 2/ https://t.co/NVJDNaum6t — PolitiTweet.org

Posted Oct. 19, 2019 Hibernated

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Paul Krugman @paulkrugman

The thing is, escalation of commitment usually ruins individuals' own lives; sometimes it dooms business organizations. Now it may doom America's reputation, and maybe world peace 4/ — PolitiTweet.org

Posted Oct. 19, 2019 Hibernated