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With Republicans moving ever further to the right and Democrats to the left — though not so far as Republicans are to the right — there really is a crying need for a centrist alternative. President Barack Obama hopes to win re-election with populist appeals for “fairness,” meaning raising taxes on the highest earners regardless…

On Saturday The Times reported on an apparently growing phenomenon in Europe: “suicide by economic crisis,” people taking their own lives in despair over unemployment and business failure. It was a heartbreaking story. But I’m sure I wasn’t the only reader, especially among economists, wondering if the larger story isn’t so much about individuals as…

Unemployment remains high, job growth is sluggish and millions of Americans have given up hope of ever finding work. So how do creative legislators propose to generate new hiring? Easy: Make it more expensive. That’s right. In Congress and several states, some lawmakers want to increase the legally mandated minimum wage. They think employers should…

The electoral map reveals how perilous is President Obama’s grip on the White House. Let’s start, as RealClearPolitics does, with a base of 170 electoral votes for Mitt Romney. It’s hard to imagine that Obama could win any of even the less-red states that comprise that batch (e.g. Georgia, Indiana, South Carolina, Montana). To get…

After every other conservative alternative to Mitt Romney crashed and burned (libertarian Ron Paul is in a category of his own), from the rubble emerges Rick Santorum. But he isn’t just the last man standing. He is the first challenger to be plausibly presidential: knowledgeable, articulate, experienced, of stable character and authentic ideology. He’d been…

The economy is in trouble, and Washington – fixated on budget slashing at a time when the economy needs more spending – seems determined to make matters worse. On Friday, in the midst of the debt limit battle, the government reported that economic growth nearly ground to a halt in the first quarter of 2011,…