Public Net Worth

As individuals, we depend on the services that governments provide. Collectively, we look to them to tackle the big problems - from long-term climate and demographic change to short-term crises like pandemics or war. Funding this activity, and managing the required finances sustainably, is difficult - and getting more so.

But governments don't provide - or use - basic financial information that every business is required to maintain. They ignore the value of public assets and most ...