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HOUSE_OVERSIGHT_014532 - HOUSE_OVERSIGHT_014621
g more traction recently attributes the slower recovery to poor policies enacted in Washington. In a June 2016 article about the US economy, Gregory Mankiw, professor at Harvard University and former chair of the Council of Economic Advisers for President George W. Bush, highlighted “policy missteps,” **
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e-built. Subjects are willing to pay more for items they build themselves. A third such bias that fits the Hawk—Dove model is the sunk cost fallacy (Mankiw, 2007; Thaler, 1980), which leads us to “throw good money after bad” when we invest in ventures simply because we have already put so much effort int
Page: HOUSE_OVERSIGHT_015506 →American Economic Review
OrganizationAmerican monthly peer-reviewed academic journal

National Bureau of Economic Research
OrganizationEconomic research organization in the United States
Marc Rich
PersonAmerican commodities trader (1934–2013)

Barack Obama
PersonPresident of the United States from 2009 to 2017

Eleanor Roosevelt
PersonFirst Lady of the United States from 1933 to 1945 (1884–1962)

George W. Bush
PersonPresident of the United States from 2001 to 2009

United States
LocationCountry located primarily in North America

Princeton University
OrganizationIndependent publisher with close connections to Princeton University
US States
Location
Bashar al-Assad
PersonPresident of Syria from 2000 to 2024

Basic Books
OrganizationAmerican book publisher

Australia
LocationCountry in Oceania

Frankfurt
LocationCity in Hesse, Germany

Wall Street
OrganizationStreet in Manhattan, New York, USA

Philadelphia
Location1993 film by Jonathan Demme

Bradley Cooper
PersonAmerican actor

Anne Hathaway
PersonAmerican actress (born 1982)

Rupert Murdoch
PersonAustralian-American business magnate (born 1931)

John Kerry
PersonAmerican politician and diplomat (born 1943)

Warren Buffett
PersonAmerican investor, entrepreneur and businessman