What do governments, businesses and individuals have in common? They’ve all invested time and money in forecasting how long a project will take to complete. Despite the forecasting, every one of them ...

Narrative fallacy is a term introduced by Nassim Taleb [1]. It refers to our difficulty looking at a sequence of facts without connecting them in some way, either to each other or to something else we ...

The fallacy can occasionally be massaged slightly into a much more palatable and seemingly wise saying: "Absence of evidence is not evidence of absence." "While this sounds pithy, it's not strictly ...

In simple terms, a logical fallacy is a flaw in reasoning that weakens your argument; you’ve drawn a conclusion based on ...

All too many people behave as if they are experts in everything. The internet is partially to blame. The widespread availability of information is both a blessing and a curse. Indeed, the adage "a ...

Imagine there are 100 toy blocks in front of a toddler. Each of the blocks costs $1, 50 of them are red, 50 blue, and to build a sturdy little house requires about 75 or so blocks. By necessity the ...