Sunk Cost Fallacy

Consider what I am about to say, please listen objectively. 

Let us discourse on the phenomenon known as Sunk Cost Fallacy. 

Some argue it is the definition of insanity, “can you imagine mature adults, 

Doing the same thing over and over, yet expecting different results.”

This occurrence is categorized as a systematic error in thinking, a cognitive bias, some might say. 

It ignores future utility in favor of justifying the expenditures we made yesterday.

It is frequently classified as irrational behavior, the actions of one gone mad.

My father’s generation aptly phrased it,”throwing good money after bad.”