Why humans are obsessed with the longest bridges, the biggest buildings and other ways to blow billions


By Tim Fernholz – Why this pervasive failure to predict these overruns, despite their seeming inevitability?

The answer lies in the very things that make us human, what Bent Flyvbjerg calls the “four sublimes”:

  • the excitement of engineers and technologists building the newest or largest item of its kind
  • the rapture politicians receive from building monumental works that increase their public profile
  • the delight of businesses and trade unions generating money and jobs
  • the aesthetic pleasure generated by iconically large design

One promising sign: Mega-projects are more and more likely to damage people’s careers, especially as they move into the digital realm … more> http://tinyurl.com/njyu76c

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