Andrew Beattie was part of the original editorial team at Investopedia and has spent twenty years writing on a diverse range of financial topics including business, investing, personal finance, and ...

That is called a fallacy of composition, where rational actions at an individual level become dangerous and destructive in ...

Times of crisis are when we must guard our liberties most. The State invariably uses these times to bloat its scope of power, and in the heat of crisis those who dissent are often labeled unpatriotic ...

Donald Trump will be inaugurated in a matter of days after having campaigned for big changes in key economic policies. A new Congress is already in session and legislatures are gearing up in all ...

Gambler’s fallacy is a common cognitive bias that affects decision-making, especially in areas like gambling, investing, and trading. In this article, we’ll strive to break things down by giving you a ...

“Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate.” That, according to Herbert Hoover, was the advice he received from Andrew Mellon, the Treasury secretary, as America ...

Kentucky Republican Sen. Rand Paul explained his view that President Trump's concern with trade deficits is an "economic fallacy" that doesn't correspond to real-world wealth, during an interview ...

Government deficits are on the rise and future government debt service is probably severely underestimated. Governments are not able to grow out of the deficits created to stimulate the economy and ...

In a 2014 letter written by the Economic Policy Institute (EPI) to President Obama and congressional leaders in support of an increase in the federal minimum wage to $10.10 an hour, more than 600 ...