Friday , October 20 2017
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Further reading

Summary:
Elsewhere on Monday, – Cliff Asness: Please stop talking about the Vix so much.– Krugman goes back and looks at the Heritage health plan from 1989.– Twitter thread du jour from Matt Stoler: “Ok, let’s talk about the Democratic Party’s deep state. Not the politicians, not the consultants, but BigLaw. That’s where power lives.”– Kevin D. Williamson on the illusion of Trump: Death of a f*cking salesman.– Foxconn cashes in for billion plus.–After Meg Whitman’s exit, Uber’s CEO search is down to only male candidates — as its board struggles and Travis Kalanick meddles.– Questions that keep getting asked, include: Is Amazon getting too big?– Where Friedman was wrong: “A new paper by Oliver Hart and Luigi Zingales argues that a company’s objective should be the maximization of shareholders’

Topics:
David Keohane considers the following as important:

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Paul Murphy writes Further reading

Alexandra Scaggs writes Dealers loosen their grip on money markets (a little bit)

Elsewhere on Monday,

David Keohane
(Spending some time as FTAV’s Bombay wallah. Noticeably sweatier but not much else has changed.) David studied economics, politics and journalism before joining the FT in 2011 as a Marjorie Deane fellow. He covered emerging markets, equities and currencies before making the jump over to FT Alphaville in May 2012. In between his degree and masters he wandered into the real world of business where he learnt how to manipulate a spreadsheet and organise meetings where nothing gets decided.

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