If you want to avoid the fallacy of strategy in your own organization, start with alignment. Tie decisions to outcomes, keep ...
Discover the base rate fallacy's impact on investing decisions. Learn how overlooking this cognitive bias can lead to financial misjudgments and market misconceptions.
Editor’s Note: For 31 years now, Paul Solman’s reports on the NewsHour have aimed to make sense of economic news and research for a general audience. Since 2007 ...
Megan McArdle spent years in a doomed relationship. The reason, she says: She fell victim to a common economic fallacy. Our Planet Money team has a love story with an economic idea at its heart. And ...
Learn about the Broken Window Fallacy in economics and discover how destruction impacts economic growth by diverting resources from productive use.
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.
Forbes contributors publish independent expert analyses and insights. Bryce Hoffman writes about leadership, strategy, and decision making. The gambler’s fallacy is ...
“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 ...
The sunk cost fallacy is a theory that posits that we keep going down a path that may not be ideal because of the amount of ...
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Here’s the No. 1 fallacy on eternal security
I’ve written in CP before that I believe once a Christian is saved through the sacrifice of Christ, they cannot lose their salvation. This doctrine is most often called the perseverance (sometimes ...
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