Economics, like the economy, cannot thrive without a little creative destruction. This article appeared in the Finance & economics section of the print edition under the headline “Barriers to ...

Antitrust law has a 150-year history in the U.S., designed to ensure sufficient competition in the marketplace to keep prices at or near the social welfare maximizing level that would prevail ...

Few fear a return to the punitive tariffs of the Depression, but Richard Baldwin, policy director of the Centre for Economic Policy Research, a research network, notes that during the Asian crisis ...