The most striking thing you can say about Mario Vargas Llosa, the Peruvian Nobel laureate in literature who died Sunday at 89, is that he was a great and exemplary Spaniard. It’s a compliment ...

American Relief Act, a disaster aid initiative, included $10 billion to compensate farmers for low prices that year, which farm interest groups claimed were financially catastrophic. However, ...

Frédéric Bastiat's "That Which is Seen, and That Which is Not Seen" framework reveals how tech policy often overlooks hidden costs and unintended consequences.

If the United States’ trading partners retaliate as they did during the 2018–19 trade war, US farmers could face short-term losses (which may be compensated through government programs) and long-term ...