Viewpoints

These commentaries from the network of GCFP affiliates offer fresh perspectives on current issues in financial policy. The GCFP does not make policy recommendations, and any opinions expressed are those of the authors and not the GCFP.

MIT GCFP

Why Is Europe’s Economy Falling Short?

MIT GCFP - Viewpoints

PROJECT SYNDICATE | MIT’s Simon Johnson sat down with fellow Nobel laureate economist Philippe Aghion to examine what ails Europe and how to revive its dynamism. Their conversation addresses the costs of excessive regulation, the role of creative destruction in fostering competition, and the case fo...

Jun 11, 2026
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MIT GCFP Finance

Partners in prime: The Fed and Treasury’s new relationship

MIT GCFP - Viewpoints

THE ECONOMIST | Peter R. Fisher, MIT GCFP’s Golub Distinguished Senior Fellow, served as a Treasury official between 2001 and 2004. He shares the sceptical view of the Fed’s humongous balance-sheet held by Mr Bessent and Mr Warsh.

Jun 5, 2026
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MIT GCFP

You’re Probably Overinvested in Bonds

MIT GCFP - Viewpoints

THE WALL STREET JOURNAL | MIT Sloan’s Robert C. Pozen argues that many affluent investors may be over-allocated to bonds and could benefit from a more equity-heavy 90-10 portfolio, citing long-term stock outperformance, tax advantages, and the limits of bonds as protection during market downturns.

May 27, 2026
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MIT GCFP

How Accurate is AI Retirement Planning?

MIT GCFP - Viewpoints

CBS NEWS - MoneyWatch | Professor Andrew W. Lo said that AI struggles with tax optimization, doesn't understand regulatory nuance and — unlike a human financial adviser — isn't subject to legal requirements...

May 19, 2026
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MIT GCFP

RIP Spirit Airlines

MIT GCFP - Viewpoints

VOX MEDIA - Today, Explained | Sloan Professor and GCFP Director Deborah Lucas weighs in on the Spirit Airlines bailout.

May 19, 2026
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MIT GCFP Finance

Would a government bailout of Spirit Airlines really be worth it?

MIT GCFP - Viewpoints

MARKETPLACE | By the time companies are discussing bailouts, "they're already toast, and you're just trying to resurrect them from the dead," said professor Deborah Lucas. Bailouts can have a bad reputation, she said, but there are some cases where there is some justification. That's why, Lucas adde...

May 19, 2026
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