Crises have always led to intense discussion of the role of the state. The present one should be no exception. The immediate danger has not passed: just look at events in the eurozone. But the time has come to look at longer-run implications of the crisis. This is particularly important when one considers fiscal consolidation. On this I make a simple point: it is not just about debt; it must also be about assets.
危機總是會引發關于政府角色的激烈討論，當前這場危機也不例外。雖然眼下險情仍未化解（看看歐元區的境況就知道了），但現在已經到了考慮危機長期影響的時候。考慮到財政整頓之舉，這便顯得尤為重要。就此，我只想表明簡單的一點：我們不僅要考政府慮債務，還必需考慮公共資產。
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