Quagmire of the Vanities - New York Times: "Daniel Kahneman, who won the Nobel Memorial Prize in Economic Science for his research on irrationality in decision-making, thinks they’re delusional. Mr. Kahneman and Jonathan Renshon recently argued in Foreign Policy magazine that the administration’s unwillingness to face reality in Iraq reflects a basic human aversion to cutting one’s losses — the same instinct that makes gamblers stay at the table, hoping to break even.
Of course, such gambling is easier when the lives at stake are those of other people’s children.
Well, we don’t have to settle the question. Either way, what’s clear is the enormous price our nation is paying for President Bush’s character flaws.
I began writing about the Bush administration’s infallibility complex, the president’s Captain Queeg-like inability to own up to mistakes, almost a year before the invasion of Iraq. When you put a man like that in a position of power — the kind of position where he can punish people who tell him what he doesn’t want to hear, and base policy decisions on the advice of people who play to his vanity — it’s a recipe for disaster."