That is called a fallacy of composition, where rational actions at an individual level become dangerous and destructive in ...
The fallout from the global financial crisis has forced investors to come to terms with the fallacy of composition. And not before time. This seemingly simple rule of economics - that what works for ...
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, ...
A key Communist Party publication on Wednesday warned that a zealous pursuit of individual department policy goals, despite their good intentions to honour Beijing’s guidelines, could backfire and ...
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 ...