Le Pen Aurelien Morissard/IP3

Populism Versus Prosperity

The far-right French presidential candidate Marine Le Pen thinks that this century’s defining battle will be fought between patriotism and globalism. But the battle that really matters is between long-term and short-term thinking.

LONDON – Marine Le Pen, the leader of France’s far-right National Front, claims that the twenty-first century’s defining battle will be between patriotism and globalism. US President Donald Trump appears to believe that it will be between “the very fake news media” and himself, backed by “the people” he claims to represent. They are both wrong.

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