MIT Golub Center for Finance and Policy

Deborah Lucas on Today, Explained - RIP Spirit Airlines

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MIT GCFP - Viewpoints

VOX MEDIA - Today, Explained | Deborah Lucas, Sloan Distinguished Professor of Finance and MIT GCFP Director, discussed the downfall of Spirit Airlines with the Vox Media Podcast Today, Explained, and whether a bailout was in order. "I'd say an ideal government bailout is a bit of an oxymoron. It's ideal if governments don't bailout companies. You know, part of what makes a market economy productive is that unprofitable enterprises are allowed to fail."

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(The GCFP does not make policy recommendations, and any opinions expressed are those of the authors and not the GCFP.)

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