[Megan McArdle] In France, the ‘can’t lose’ candidate pays a price
May 8, 2017
Emmanuel Macron was the “can’t lose” candidate in the French presidential election. Impeccably well-credentialed. Handsome and sharp. Running against a far-right populist who spurs frightened talk of fascism. The polls showed him comfortably ahead, said the analysts. There was little chance that his opponent, Marine Le Pen of the National Front, could close such an enormous gap. “Where have we heard that before?” muttered Americans. As Election Day waned on on Sunday, slight traces of nervousnes