The Household sector

There is in fact only one sector. And that is the Household sector. This was the first lesson Dr. S.L.Shetty taught me when I joined EPWRF in Kandivli. All other sectors are subsidiary. They are not real. Think of the world at night (“There’s a kind of hush…”). Every little household in its bed, and all those ghostly dark assets, all belonging to someone. Or all that some household has control of or disposal over. You might cite the Government assets, but as I’ve explained before, we can see certain households controlling government assets.

So what I want to really see are the household accounts in real time.

A household is a set of people who share the same kitchen or cooking facility.


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