Obama and Duncan deserve praise for pushing for the concept of competitive grants in spurring reform, and for making the strong case for ditching the old formula - based approach to doling out federal education dollars (even if some congressional Republicans such as California's Duncan Hunter put themselves in the odd position of ignoring Ronald Reagan's legacy by effectively
pushing for maintaining the status quo).
It's your choice - you can invest in solar now, demonstrating your support for sustainable energy, and getting free hot water after your payback period, or continue to pay ever - increasing energy bills, which indicates your
support for maintaining the status quo.»
Some of these seem to be linked by a shared emotional basis: the «endowment effect» (overvaluation of what we already have), «status quo bias» (an emotional
preference for maintaining the status quo), and «loss aversion» (the tendency to attribute much more weight to potential losses than potential gains when assessing risk) are all related to an innate conservatism about what we feel we have already invested in.
Undoubtedly, this has to do with the pace of change in tax and customer characteristics but I think that a significant reason is that the law publishers, with their legacies, have more to lose from abandoning books and print subscriptions and use lack of customer push as an
excuse for maintaining the status quo.
This person is
all for maintaining the status quo.
«[B] ut I think that a significant reason is that the law publishers, with their legacies, have more to lose from abandoning books and print subscriptions and use lack of customer push as an excuse
for maintaining the status quo.