Perspectives on Federalism is a free on-line peer-reviewed journal, promoted by the Centre for Studies on Federalism.

1. Eurocrisis and the myths of European redistribution: illegitimate, unsustainable, inefficient?
(Francesco Nicoli/Essay)

... it produces a moral-hazard scheme where endogenous incentives to reform (otherwise known as “market pressure”) are artificially removed. Second stands the “Myth of the Efficient Markets”: it is believed ...