That is called a fallacy of composition, where rational actions at an individual level become dangerous and destructive in ...

One of the pillars of American mythology is the “bootstrap” theory of self-improvement and personal progress. In this thinking, the individuals pull themselves up to a better station in life by their ...

With the constant stream of data about COVID-19, it can be hard to make sense of all the numbers. We look at the base rate fallacy, and how some people are making this mistake when assessing risk.

Before we talk about the quality of education or the importance of freed, when it comes to charter schools, there's a much more fundamental fallacy that we must address first, a fallacy that addresses ...

Have you ever been in a situation that wasn't going so well, but rather than do something to change it, you told yourself, "Ah, it's not so bad. Maybe if I just sit tight it will get better by itself.

Opinions expressed by Entrepreneur contributors are their own. What do governments, businesses and individuals have in common? They’ve all invested time and money in forecasting how long a project ...

Letting go of the hope that your marriage will improve is a painful, but necessary step in the process of making the decision ...

“After the U.S. experience during the Great Depression, and after inflation and rising interest rates in the 1970s and disinflation and falling interest rates in the 1980s, I thought the fallacy of ...