With the constant stream of data about COVID-19, it can be hard to make sense of all the numbers. We look at the base rate fallacy, and how some people are making this mistake when assessing risk.

Forbes contributors publish independent expert analyses and insights. Bryce Hoffman writes about leadership, strategy, and decision making. The gambler’s fallacy is ...

The curiosity explorers at Vsauce2 investigate the prosecutor's fallacy and how flawed mathematical reasoning has led to the ...

Forbes contributors publish independent expert analyses and insights. Bryce Hoffman writes about leadership, strategy, and decision making. The hot-hand fallacy is a cognitive bias that leads ...

Economics professors typically cover the “economic way of thinking” in the first chapter of a principles of economics course. After covering 8-10 of the most important guideposts and principles of ...

Robert Kelly is managing director of XTS Energy LLC, and has more than three decades of experience as a business executive. He is a professor of economics and has ...

All products featured here are independently selected by our editors and writers. If you buy something through links on our site, Gizmodo may earn an affiliate commission. Reading time 3 minutes The ...

White House Press Secretary Karoline Leavitt claimed climate change is a fallacy, criticizing California's environmental ...

Except that these are companies that have–for the most part–experienced explosive growth over the past decade. Amazon, Google’s parent company Alphabet, Microsoft, Facebook (now Meta), Apple, and ...