Sunk cost fallacy involves continuing investments due to past costs, not future benefits. Recognize irrational holding by setting pre-determined exit points for investments. Regularly review ...

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James Taranto edits the Journal's op-ed pages. Until January 2017 he wrote the popular Best of the Web column for WSJ.com. In ...

But a closer look at data reveals the fallacy in this belief. While it is true that the share of the dollar in official foreign exchange reserves is down over the last two decades, this is mainly ...

Sen. Rand Paul (R-KY) claimed that a key problem with the tariffs recently implemented by the Trump administration is based on a “fallacy” that the U.S. does not benefit from trade with other ...

“Sure, the superintelligence has its flaws. But think about how much the technology will improve even just a year from now.” ...

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