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Emerging-market rout claims a blameless victim

Whenever there’s a bout of emerging-markets flu, Indonesia catches it. Jakarta may be crying foul, because it looked as though the nation was inoculated: Since May, Bank Indonesia has raised benchmark rates by 1.25 percentage points as insurance against the stronger dollar, almost as aggressive a move as during the 2013 taper tantrum. Meanwhile, President Joko Widodo’s government may increase ...

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In a way, Trump is right about Google’s bias

Apparently, President Donald Trump doesn’t like the news that he sees about himself on Google, Facebook and Twitter. So he’s accusing them of being rigged against him — and against conservatives in general. Absurd as Trump’s claim may be, the tech giants have it coming. Trump is probably wrong that the gatekeepers of the internet are suppressing conservative views and ...

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Economists are gearing up to challenge the monopolies

The antitrust movement is making a comeback. Zephyr Teachout, candidate for New York state attorney general, is promising to fight monopolies. Activists such as Matt Stoller of the Open Market Institute are beginning to draw attention to the problem of concentrated market power. Think tanks like the Washington Center for Equitable Growth are starting to zero in on the issue ...

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