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’
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