Happy New Year. Especially to the editors and readers of the European Review of Agricultural Economics, that turns 50 this year. The Foundation was created in 1972 and the first edition of our journal was published in spring 1973 – the opening article written by EU Commissioner Sicco Mansholt. We also thank Carl-Johan Lagerkvist, who hands over the coordinating editorship to Salvatore Di Falco at the start of the new year before he leaves the team on September 1.