FYI: You know how, last month, I mentioned that Donald Trump’s presidential campaign was a blank canvas for the projection of everyone’s wishes, from white nationalists to Fannie Mae privatizers? And you know how, a couple of weeks later, I mentioned a new paper from Eric Posner, Fiona Scott Morton and E. Glen Weyl, arguing that the government should use its antitrust powers to restrict large institutional investors from owning shares of more than one company in the same industry? Can you guess where this is going? Here are Posner, Morton and Weyl on Trump:
Regards,
Ted
http://ritholtz.com/2016/12/will-donald-trump-make-index-funds-illegal/
