The Nobel Peace Prize is the world’s most prestigious award, as Jay Nordlinger argues in this erudite and insightful history. He has written not only the go-to reference book for the prize and its laureates but also an important philosophical reflection on the nature of “peace” in modern times.

The trade policies that President Obama outlined in his State of the Union Address undermine the strength of America's economy, and are the wrong way to react to the changing nature of trade.

Populism in politics should not excuse bad policy ideas.

Saving is a good thing, but it is possible to overdo it.

An interview with Thomas K. McCraw on Schumpeter's work and influence.

Although success stories do exist, most high-technology cluster-development projects do little to enhance regional economic growth.

This Bradley Lecture discusses the science of human behavior.

Remembered byPaul W. McCracken, Robert H. Bork, Irving Kristol, and Michael Novak.