Focusing on the shift from coal to oil in the French and British economies between 1945 and 1972, this article analyses the influence of economists and economic concepts on fuel policy making in each economy. The framing of French fuel policy around marginalist principles from 1958 is examined,...

This article compares the development of marginal cost pricing in the French and UK nationalised electricity industries between 1945 and 1970. Asking why French 'marginaliste' economists like Allais and Boiteux enjoyed more influence than their UK counterparts like Meade, political decisions...

Focusing on the shift from coal to oil in the French and British economies between 1945 and 1972, this article analyses the influence of economists and economic concepts on fuel-policy making in each economy. The framing of French fuel policy around marginalist principles from 1958 is examined,...

Before privatisation, required rates of return and test discount rates were being applied to utility and other nationalised industries. One effect of this new approach was to promote more marginal-cost based tariffs which could fall particularly heavily on low-income groups. This trend was...

In the context of examining the nationalisation and privatisation of the electricity supply industry, this paper examines the scope for introducing competition into the industry. It makes an internationally comparative analysis of the differing approaches to the issue of restructuring, whether...

Martin Chick’s book is a major economic and historical study of the development of electricity and energy policy in Britain, France and the United States since 1945. Using newly available archival material the author draws important comparisons between these countries and includes all of the...