Fiscal foundations: rethinking equity and efficiency in local government finance with Peter Murphy, Part 1.

In this insightful episode of ‘Fiscal Foundations’, host Matt Masters delves into the complexities of the local government funding system with esteemed guest, Professor Peter Murphy from Nottingham Trent University. Together, they unravel the consequences of the current flawed fiscal framework and explore transformative strategies for creating a more equitable, fair, efficient, and effective financial system for local governance.As Professor Murphy shares his expertise, the conversation highlights the disparities caused by the existing funding mechanisms and the urgent need for reform. They discuss innovative solutions that could lead to a more balanced distribution of resources, ensuring that local governments are empowered to meet the needs of their communities effectively.Listeners will gain a deeper understanding of the challenges faced by local authorities and the potential policy changes that could pave the way for a more sustainable financial future. Tune in to join Matt and Professor Murphy on a journey through the intricacies of local government finance and the path to fiscal reform.