The gambler’s fallacy is an important example of betting jargon and one that describes a common and problematic mindset that may impact your decision-making when gambling online. This is also known as ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Clear and rational thinking is essential for effective decision-making and communication in the work place. However, logical fallacies—errors in reasoning that undermine the logic of an argument—are ...

When we refer to fallacies, we are describing things that are mistakes, and if they are logical fallacies, they are mistakes in reasoning. It is impossible to read the news today or (worse) watch the ...

Learn about the Broken Window Fallacy in economics and discover how destruction impacts economic growth by diverting resources from productive use.

However, the human mind is the irrational elephant in the room, causing many thinkers to misidentify and abuse logical fallacies over the course of a debate. Steven Novella, president of the New ...