Paying for localism

posted by
October 20, 2011
Adam Smith Institute
by Tom Clougherty  
Posted in Commentary

"[T]he general principle ought to be that each level of government should itself raise the money it spends. When local authorities are just spending bodies, reliant for the most part of the largesse of the central government, they lack accountability. They also face skewed incentives -- why should they economize when money is being handed to them by Whitehall?" (10/20/11)  

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