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, ...
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 ...
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 ...