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Shy unicorns

SOME of Silicon Valley's most successful companies have yet to go public. The private world of "unicorns" is a gentler place than the stockmarket, perhaps artificially.


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Pensions in America housing booms and Abenomics

THIS week's print edition has an array of economics articles that may be of interest. The following have particularly caught our eye:

This week's Buttonwood column, which argues that Americans are not saving enough for their retirement.

Our coverage of housing booms in San Francisco and Sweden.

And don't forget to take a look at this week's Free Exchange column, which takes a

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Feeling special

THE summer of 1969 is remembered for many things: the moon landing, Woodstock and the start of American troop withdrawals from Vietnam. The International Monetary Fund’s creation of the Special Drawing Right (SDR) does not rank high on this list. An artificial accounting unit, the SDR resides on the margins of the global financial system. But over the next few weeks, China will haul it into the

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Why politicians are asking the wrong questions about gender inequality

ONE issue that virtually every Democratic presidential candidate has weighed in on this year is the wage gap between the sexes. The most commonly-cited statistic is that women make just 77 cents for every dollar men do, with the implication being that the 23-cent gap is a result of discrimination. While the statistic is accurate, interpreting it requires some nuance: at least some of the gender pay gap

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A sticky situation

Agents of extortion

TOURISTS flock to Quebec each autumn to see its forests turn bright colours. The beautiful foliage, however, conceals a dark secret: the province’s tree-tappers are ripping off pancake-lovers. The Federation of Quebec Maple Syrup Producers (FPAQ) tries to control the price of its product much as OPEC does that of oil. Its members—and all syrup producers in the province must join or risk

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