The macro economy, like the global climate, is a complex system (highly nonlinear and buffeted by random shocks) that defies attempts to model it and predict its future path. The challenge of ...

Usually, it takes only a few moments of sober reflection to dismiss most of syndicated columnist Eugene Robinson’s thoughts as misguided. But his latest column (The Advocate, Feb. 19) appears an ...

On September 3, the New York Times published an article (“In a Freezing Land, Some Incredible Fossils”) about a geologist who found evidence that Greenland’s vast icesheet had melted away ...

Everyone makes mistakes or suffers from bad luck from time to time. But too often, people dig their heels when the tide is shifting against them, rather than getting back on course — especially when ...

Karoline Leavitt stirred a fresh row after claiming that climate change is “based on a fallacy." Environmental activists were not very happy with White House Press Secretary's comments. Leavitt made ...

The sunk cost fallacy addresses the tendency of people to continue on a suboptimal path because they have committed a lot of time or resources to it already. Investors, for example, may double down on ...

It was a Words with Friends chat that first gave Megan Phelps-Roper pause. People have a marked tendency to cling to past investments, whether financial, social, or emotional—even when it becomes ...

Logical fallacies are flaws in reasoning. They are often called informal fallacies. It's becoming more common for people to call out these fallacies by name. You often hear accusations of people ...