Seeing a cause where one does not exist, or may not exist, is known as the false cause fallacy. Correlations are a primary source of this confusion because correlations can look an awful lot like ...

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

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Clear and rational thinking is essential for effective decision-making and communication in the work place. However, logical fallacies—errors in reasoning that undermine the logic of an argument—are ...

To assert that something is true because an authority says it's true is a logical fallacy. However, too often people misapply the "argument from authority" fallacy to dismiss a solid scientific ...

In India, we’ve seen a curious paradoxical pattern emerge over the last few years. The more we progress economically, the more we regress mentally, whether it is patriotism, pornography or the morning ...

“Complex systems like economies aren’t like air conditioners,” psychologist Art Markman explains. “If a room is too hot, you turn on the air conditioner, and it cools down . . . There aren’t a lot of ...