Raghuram Rajan

While price controls may seem to make goods more affordable in the short term, they often lead to shortages and reduced quality. Open markets and competition typically result in better outcomes for consumers.

I believe the EU should consider allocating a portion of private retirement pension funds to invest in startups. Startups drive innovation and economic growth, and they can offer potentially higher returns. While there are risks involved, a diversified approach combined with careful oversight can mitigate these. This would not only support the entrepreneurial ecosystem but also enhance the long-term returns on pension investments.