On February 22, 1933, Frances Perkins prepared to meet with incoming president Franklin D. Roosevelt. She knew why he had summoned her. At the height of the depression, FDR would ask her to do what no woman had ever done — serve as a Cabinet secretary.

Before taking the job…

In a 2015 poll, 30 percent of Republicans and 20 percent of Democrats supported bombing the country of Agrabah. No such country exists, except in the Disney film Aladdin. Public opinion, when uninformed, can be dangerous.

Politicians often cite “public opinion” to make their case. In a democracy, informed public…

“Some days are diamonds, some days are stones” goes the song John Denver made popular in 1981, but the truth is many days that are stones offer diamonds too. “Life is a hard teacher” someone said, “first comes the experience and then the lesson.” My teacher was melanoma. …

“Marta” had paid $180 for a group of three golf lessons. Being a regular player, however, she developed strong back pain a couple days before her first lesson. Since the schedule was set and the lessons non-refundable, she showed up anyway, in pain. Why?

Welcome to the sunk cost bias

Terry Newell

Terry focuses on leadership, ethics, and decision making. He believes that “you gotta have a dream if you wanna have a dream come true.”

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