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Who wants to be a billionaire (in 1916)?

  Having bestowed the presidency on a candidate who described their country as a “hellhole” besieged by multitudes trying to get into it, Americans need an antidote for social hypochondria. Fortunately, one has arrived from Don Boudreaux, an economist at George Mason University’s Mercatus Center and proprietor of the indispensable blog Cafe Hayek. He has good news: You are as ...

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OPEC’s missing a return ticket for its trip back to 2014

  The benefits of OPEC’s agreement to cut output have proved elusive. With less than three weeks to go before the group’s next meeting, something is very, very wrong as far as oil producers are concerned. And they have no easy solution to put it right. The oil price is not far off where it was in November, before OPEC ...

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A self-made rebel takes on Fujitsu in M&A fight

  Beji Sasaki, a maverick businessman who first challenged Tokyo’s status quo four decades ago, says his bidding war with the $13 billion computer giant Fujitsu Ltd. is just the start of his plan to use takeovers to change Japan Inc. Sasaki, a 61-year-old entrepreneur, fashion designer and supermarathon runner, says he’s setting up a fund backed by Taiwanese money ...

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