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https://www.grammarly.com/blog/sunk-cost-fallacy/#:~:text=The%20sunk%20cost%20fallacy%20is,you%20can't%20get%20back.

Could also be linked to how elections work and small constituencies. MPs want to get all the predicted benefits of the line but absolutely none of the negatives. So it becomes NIMBY hell.

This seems a bit contradictory to me. If the idea is to reduce London house prices by having more people commute into London then this will mean that house prices will increase elsewhere AND if more people are commuting to London that means the jobs are there. If the jobs are in London then they...

That is a cop out though. You can’t just have an infinite pot of money and say any cost is fine. It is about how the money could be used if it was spent in a different way. So the discussion is about whether this is the best infrastructure to build or whether it should be something else. The...

This is the thing. If it cost 8 trillion would you still support it? I assume the answer is no. In which case how high can it get before you think it is a waste of money? We need to be careful not to fall into the sunk cost fallacy.