That is called a fallacy of composition, where rational actions at an individual level become dangerous and destructive in ...
What do governments, businesses and individuals have in common? They’ve all invested time and money in forecasting how long a project will take to complete. Despite the forecasting, every one of them ...
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 ...
In simple terms, a logical fallacy is a flaw in reasoning that weakens your argument; you’ve drawn a conclusion based on illogical, irrelevant, deceptive, or otherwise faulty evidence. You’re probably ...
Imagine there are 100 toy blocks in front of a toddler. Each of the blocks costs $1, 50 of them are red, 50 blue, and to build a sturdy little house requires about 75 or so blocks. By necessity the ...