Examlex
PACs make more contributions to the campaigns of incumbents than they do to challengers.
Scarcity
The basic economic issue arises from unlimited human desires facing limited resources on the planet.
Free Lunch
A term that implies you cannot get something for nothing, often used in the context that every choice has a cost.
Fallacy Of Inductive Reasoning
The fallacy of inductive reasoning occurs when a conclusion is drawn from insufficient evidence or from specific instances that do not reliably lead to a general conclusion.
Post Hoc, Ergo Propter Hoc
A logical fallacy where it is assumed that because one event followed another, the first event was the cause of the second.
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