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 ...

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 ...

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, ...