Economics professors typically cover the “economic way of thinking” in the first chapter of a principles of economics course. After covering 8-10 of the most important guideposts and principles of ...

The Super Bowl on Sunday presented a useful illustration of an economic term called the “fallacy of composition.” If you were at the University of Phoenix Stadium and stood up to watch the action ...

In “Obama and the ‘Fallacy of Composition’” (op-ed, Feb. 5), William A. Kelly Jr. and Elizabeth Sawyer Kelly contend that free community-college education is a waste of scarce resources and will leave ...

Recent years have been marked by policy failures on crime, homelessness, border control, family support, education, and health care. A major cause is progressives’ ability to transform questions about ...

Logical fallacies are flaws in reasoning. They are often called informal fallacies. It's becoming more common for people to call out these fallacies by name. You often hear accusations of people ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Erika Rasure is globally-recognized as a leading consumer economics subject matter expert, ...