Discover the base rate fallacy's impact on investing decisions. Learn how overlooking this cognitive bias can lead to financial misjudgments and market misconceptions.

If you want to avoid the fallacy of strategy in your own organization, start with alignment. Tie decisions to outcomes, keep ...

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 ...

Learn about the Broken Window Fallacy in economics and discover how destruction impacts economic growth by diverting resources from productive use.

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 ...

The March/April issue of Harvard Business Review featured an article titled, “The Feedback Fallacy” on its cover. In it, the co-authors argue that feedback in the workplace is mostly useless, even ...

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 ...

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 ...