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 ...

The sunk-cost fallacy tells us to keep investing in something simply because we have already invested so much. But ...

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 ...

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.

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 ...

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 ...

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 ...