Debts, Oligarchies, and Holisms: Deconstructing the Fallacy of Composition

This is a critical appreciation of Govier’s 2006 ISSA keynote address on the fallacy of composition, and of economists’ writings on this fallacy in economics. I argue that the “fallacy of composition” is a problematical concept, because it does not denote a distinctive kind of argument but rather a...

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Bibliographic Details
Main Author: Maurice A. Finocchiaro
Format: Article
Language:English
Published: University of Windsor 2013-05-01
Series:Informal Logic
Online Access:https://ojs.uwindsor.ca/ojs/leddy/index.php/informal_logic/article/view/3892
Description
Summary:This is a critical appreciation of Govier’s 2006 ISSA keynote address on the fallacy of composition, and of economists’ writings on this fallacy in economics. I argue that the “fallacy of composition” is a problematical concept, because it does not denote a distinctive kind of argument but rather a plurality, and does not constitute a distinctive kind of error, but rather reduces to oversimplification in arguing from micro to macro. Finally, I propose further testing of this claim based on examples involving public vs. private debt in economics; oligarchic tendencies in politics, and the emergence of societal wholes in sociology.
ISSN:0824-2577
0824-2577