The Short History of an Old Idea

If focusing on net worth is such a good idea, why are governments not doing it already? Why do politicians cling to obviously flawed fiscal rules? My answer to a reasonable question from readers

Photo by Pascal Bernardon on Unsplash

After I published John Crompton’s excellent guest post last week on Rachel Reeves’s Big Opportunity, several readers responded here and elsewhere with a good question. It is blind…