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The broken window fallacy is a parable that is sometimes used to illustrate the problem with the notion that going to war is good for a nation's economy. Its wider message is that an event that ...
"There's this bulls--- fallacy that you need to have experience or sort of like technical adeptness, and it's safeguarding the business. It's a real male perspective," Stewart said during a ...
Yet my friend still said no. Economists call this the sunken costs fallacy. A sunken cost is one that has already been incurred and cannot be recovered. The fallacy is the series of irrational ...
Sen. Rand Paul (R-Ky.) said Wednesday that it is a “fallacy” to think tariffs will help the country’s economy as President Trump gears up to impose massive reciprocal tariffs on U.S. trading ...
Long's full quote about what he deemed a "fallacy" is below: I keep hearing this same fallacy being sort of shared widely... The fallacy that I'm hearing is that the mass at the end of the barrel ...
This commitment to a failing venture is a textbook example of the sunk cost fallacy: the tendency to ... the dots between a need to maximize costly commercial real estate and the drive to push ...
That's all a fallacy. The planet Earth makes crude oil," he continued, "to liquefy it. And that's the truth. It's not fossil fuels." According to a report, Vice President Harris no longer supports ...
Turns out, there are a few very good reasons as to why you don’t want your commercial flight to travel at supersonic speeds—turbulence, energy costs, and ticket prices could all be affected by ...
As Oklahoma State professor Steve Trost puts it, economic forecasts are a fallacy. So true ... not one iota that they can’t foretell the commercial concepts that will vanish amid all the ...