Political leaders in Europe have not been shy in expressing their anger about recent revelations about the United States spying on the EU. Germany’s justice minister has said that the United States’ expansive spying programs — the United States is alleged to have spied not only on the electronic communications of European citizens, but on ...

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 ...