Langbeschreibung
This account of the economics of coal, first published in 1990, is unique in its comprehensive approach. An interesting analysis of the complex relationship between industrial change and political economy and an important contribution to economics, this study will be of great value to students of the theory and history of industrial change and the British coal industry.
Inhaltsverzeichnis
Acknowledgements; Introduction; Part One: Monopoly and Coal 1. Monopoly, capitalism and the coal vend 2. Cartels and rationalization in the 1930s; Part Two: Coal royalties 3. Royalty or rent: what's in a name? 4. Royalties: from private obstacle to public burden?; Part Three: Cliometrics and coal 5. Returning to factor returns: the late nineteenth century coal industry 6. Returns to scale in the interwar coal industry 7. The diffusion of mechanical coal cutting Part Four: Towards privatization? 8. The commanding heights of public corporation economics 9. Privatization and property rights: from electricity to coal 10. Coal: the ultimate privatization; Notes; Reference; Index.