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This Mises video explains how low-budget Spirit Airlines was destroyed by federal actions, which included COVID-19 lockdowns, monetary inflation, counterproductive "neo-Brandeisian" anti-trust actions that prevented Spirit Airlines from merging with JetBlue to pull-out of its financial death-spiral, and the Iran War doubling jet-fuel prices that sent Spirit Airlines into inescapable bankruptcy. This video also explains how federal regulatory agencies have always routinely been captured by their biggest regulatees that were seeking to unjustly reduce competition---and how this pattern includes airlines, for which regulators have effectively engaged in political favoritism while reducing genuine free-market competition that would have benefitted their passengers over time. Let's please prohibit state intervention into markets (including through federal regulation) except for helping us to defend our equal God-given rights! https://www.youtube.com/watch?v=pG4ZV-sHvhs #RegulatoryAgencies #RegulatoryCapture #FascistEconomics #Corporatism #Collusion #AntiTrust #Mergers #SpiritAirlines #Competition #FreeMarkets

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