Struggling with Productivity? Learn How to Crush the 'Planning Fallacy' and Supercharge Your Efficiency NOW!

Editor's Note: For 31 years now, Paul Solman's reports on the NewsHour have aimed to make sense of economic news and research for a general audience. Since 2007, our ...

With the constant stream of data about COVID-19, it can be hard to make sense of all the numbers. We look at the base rate fallacy, and how some people are making this mistake when assessing risk.

Economics professors typically cover the “economic way of thinking” in the first chapter of a principles of economics course. After covering 8-10 of the most important guideposts and principles of ...

Forbes contributors publish independent expert analyses and insights. Bryce Hoffman writes about leadership, strategy, and decision making. The gambler’s fallacy is ...

Speak like an insider! Welcome to Snopes-tionary, where we'll define a term or piece of fact-checking lingo that we use on the Snopes team. Have a term you want us to explain? Let us know. Also known ...

Speak like an insider! Welcome to Snopestionary, where we’ll define a term or piece of fact-checking lingo that we use on the Snopes team. Have a term you want us to explain? Let us know. The red ...

All too many people behave as if they are experts in everything. The internet is partially to blame. The widespread availability of information is both a blessing and a curse. Indeed, the adage "a ...

Explaining the ludic fallacy and why humans often misunderstand risk and probability.

“We spend inordinate amounts of time calculating how much we have, want and don’t have, and how much everyone else has, needs and wants”, says Brene Brown, author of Daring Greatly. “…we are often ...