General government and households

One can conceive of pushing back general government, in fact the whole public sector, into their component households.  They would form a vast subset of the set of households.  These would be the households fed by government payrolls.  As opposed to, say, a household which drew its income from employ in the private sector.  So in reality one can in fact reduce the entire task of social accounting to that for a single sector-the household  sector.

So that is the top break for the entire spreadsheet.  One column per household.  Row wise Assets, Liabilities and Net Worth.  This would complete the simulacrum of homo economicus.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: