Richard Thaler, of the University of Chicago, just won the Nobel Memorial Prize in economics for his contribution to behavioral economics — the subfield known for exploring how psychological biases cause people to act in ways that diverge from pure rational self-interest. Policymakers are more likely to know him for a different reason. Together with ...

Most Americans, if they think about the European Parliament at all, probably imagine a bunch of left-wing backbenchers goofing off in Brussels or Strasbourg with little of value to say on international security. But Americans may have to update their opinion — and their approach to transatlantic cooperation — now that the European Parliament has ...