In August 8, 1897, Michele Angiolillo, an Italian anarchist, shot Antonio Cánovas del Castillo, the Prime Minister of Spain. Cánovas had dominated Spanish politics for decades, even during periods when he was nominally out of office, helping shore up Spain’s tottering monarchy and its possession of Cuba and the Philippines through torture and wide-scale military ...

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 ...