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Tag Archives: Fallacy of Composition

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Basic Fallacies of Economics

Business & EconomicsBy William Anderson (Schoolworkhelper Editorial Team)January 2, 20111 Comment

Fallacy: Is a hypothesis that has been proven false but is still accepted by many people because it appears, at first glance, to make sense. The Fallacy of Composition A mistaken belief that what is good for the individual is automatically good for society as a whole. Eg: Clearing the trees from Crown land will…

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