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Bill Kelly and Elizabeth Sawyer Kelly: Obama and the 'Fallacy of Composition'

Free community college for all sounds great. But economics teaches us that it won’t turn out that way. The Super Bowl on Sunday presented a useful illustration of an economic term called the “fallacy of composition.” If you were at the University of Phoenix Stadium and stood up to watch the action early in the first quarter, you would

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Posted: February 4, 2015 Wednesday 07:18 PM