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 ...

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 ...

A key Communist Party publication on Wednesday warned that a zealous pursuit of individual department policy goals, despite their good intentions to honour Beijing’s guidelines, could backfire and ...

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 ...

As Justyn Walsh writes in Investing with Keynes: “Keynes’ most famous example of the ‘fallacy of composition’ was the so-called Paradox of Thrift–which notes that saving is good for the individual, ...

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.