sunk cost effect. Lots of pieces written about that
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No that’s throwing good money after bad. I’m not talking about sunk costs but money as a substitute for strategy
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Every ICO whitepaper.
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The Mythical Man Month? https://en.m.wikipedia.org/wiki/The_Mythical_Man-Month …
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This is a great topic Venkatesh. Sometimes you're in a situation where the best solution really is to throw money at something, usually quickly. When you need to do it, you need to do it well.
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A Japanese cameraman once told me, as I filled our rental car with gas near the airport—thereby forcing us to rush for our flight—お金で解決できる問題は、お金で解決しろ: If your problem can be solved with money, solve it with money
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That's sort of the Bill and Melinda Gates Foundation's approach to international development. They write things occasionally. Jeffrey Sach's book The End of Poverty and his approach to the Millennium Development goals, though less self-aware. And the Give Directly people.
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Is is really an art? Or, is it a science? Enquiring minds wanna know...
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