The systematic investment plans (SIP) of mutual funds offer a path to stock ownership that’s good for individuals. Collectively, however, surging inflows had the bad effect of causing stock-price ...
The theory that what is true for the individual is not necessarily true for everyone together, and what is true for everyone together does not necessarily hold for the individual.
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 ...
ECONOMIC theory warns us not to commit fallacies of composition as they result in erroneous conclusions. The fallacy can basically be viewed in two ways: 1) What is true for an individual is not ...
Mumbai: On 25 July, me and my younger sister were at Wembley Stadium in London watching Bruce Springsteen and the E Street Band perform. I had wanted to be as close to the stage as possible given that ...
Recent years have been marked by policy failures on crime, homelessness, border control, family support, education, and health care. A major cause is progressives’ ability to transform questions about ...
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