Narrative fallacy is a term introduced by Nassim Taleb [1]. It refers to our difficulty looking at a sequence of facts without connecting them in some way, either to each other or to something else we ...

The fallacy can occasionally be massaged slightly into a much more palatable and seemingly wise saying: "Absence of evidence is not evidence of absence." "While this sounds pithy, it's not strictly ...

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 ...

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

Opinions expressed by Entrepreneur contributors are their own. What is multitasking? Does it even really exist? Or is it all in our heads? Take an example from the domestic realm: Have you ever tried ...

There is one theory that dominates how we think the world of business works, which is shared by the field of economics, by politicians and by business people alike, and that is that the market, and ...

The Bank of Finland released a paper on June 21 titled “The Great Illusion of Cryptocurrencies,” explaining why they think the concept of a digital currency is a “fallacy.” The paper, written by ...

Five years ago, a friend of mine spent thousands of dollars to buy a few baseball cards of a young player he was sure would be a star. He financed the purchases with credit cards. Chances are you’ve ...

The fallacy can occasionally be massaged slightly into a much more palatable and seemingly wise saying: "Absence of evidence is not evidence of absence." "While this sounds pithy, it's not strictly ...