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 ...
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 ...
The fallout from the global financial crisis has forced investors to come to terms with the fallacy of composition. And not before time. This seemingly simple rule of economics - that what works for ...
Economics can be a difficult subject area. I am going to shed some light on what I believe are the most common mistakes that people make when trying to analyze economic issues. These economic pitfalls ...
The theory that what is true for the individual is not necessarily true for everyone together, and what is true for everyone together does not necessarily hold for the individual.