{"id":271045,"date":"2019-04-25T05:29:24","date_gmt":"2019-04-25T05:29:24","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=271045"},"modified":"2019-04-25T05:29:24","modified_gmt":"2019-04-25T05:29:24","slug":"opinion-the-jet-airways-crisis-as-a-case-of-market-providence","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/opinion-the-jet-airways-crisis-as-a-case-of-market-providence\/","title":{"rendered":"Opinion | The Jet Airways crisis as a case of market providence"},"content":{"rendered":"<p>More than 2,000 years before Jet Airways (India) Ltd looked set to join the ash heap of airline history, Aristotle postulated horror vacui, the concept we understand as \u201cnature abhors a vacuum&#8221;. While Hindu philosophers as well as those like Epicurus and Lucretius subsequently debunked the thought, it is a convenient way of looking at where the Jet Airways crisis is headed.<\/p>\n<p>While Naresh Goyal may well choose to believe (and declare), that apr\u00e8s moi le d\u00e9luge\u2014reality may be a bit more banal\u2014even if it hurts his delicate sensibilities. Markets, especially free ones, tend to handle the loss of a single competitor with far greater equanimity than what floundering protagonists themselves display when faced with their unfortunate demise.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>More than 2,000 years before Jet Airways (India) Ltd looked set to join the ash heap of airline history, Aristotle postulated horror vacui, the concept we understand as \u201cnature abhors a vacuum&#8221;. While Hindu philosophers as well as those like Epicurus and Lucretius subsequently debunked the thought, it is a convenient way of looking at where the Jet Airways crisis is headed. While Naresh Goyal may well choose to believe (and declare), that apr\u00e8s moi le d\u00e9luge\u2014reality may be a bit more banal\u2014even if it hurts his delicate sensibilities. Markets, especially free ones, tend to handle the loss of a [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[188,139,130],"tags":[],"class_list":["post-271045","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/271045","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=271045"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/271045\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=271045"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=271045"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=271045"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}