Publications: The Journal, Economic Club
„The ”market era" offered us unprecedented prosperity during the long peace that we were clearly not taught to appreciate enough. But the peace is over.
For decades, the European project has been built on this elegant belief, which today may seem naive, namely that the market in its simplicity will be able to satisfy the most pressing demands of people and industries. From liberalized gas hubs in the Netherlands to the impeccable logistics of aviation fuel, the market has been the ultimate arbiter of efficiency, profitability, and well-being. However, that era seems to have come to a brutal structural end, under the shadow of blocked Strait of Hormuz, a war-torn Middle East, and a seemingly endless war in Ukraine.
