There is clearly no need for formal instruction in "how to play," in "getting along with the group," in "selecting a dentist, ...
(MoneyWatch) Have you heard the parable of the broken window? It's a wonderful example of unintended consequences that applies not only to businesses activity and government regulations, but to ...
Discover the base rate fallacy's impact on investing decisions. Learn how overlooking this cognitive bias can lead to financial misjudgments and market misconceptions.
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 ...
In addition to being a publisher, poet, planter of trees and polyamorist, Felix Dennis, founder of Maxim and The Week magazines, is simply one of the most entertaining people you could hope to ...
The fallacy is that we are surprised when things that are supposed to vary a lot, come down one way a number of times. We feel the next case must break the pattern. In reality, there is no pattern.
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 ...
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 ...
Torpedo bats are all the rage in Major League Baseball these days, but one bat expert set the record straight on an idea that has been floating around since their introduction. Keenan Long of LongBall ...