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 ...

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 ...

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 ...

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 ...

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 ...

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.

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 ...