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Mill and Senior on London's Water Supply: Agency, Increasing Returns, and Natural Monopoly

Published online by Cambridge University Press:  11 June 2009

Nicola Tynan
Affiliation:
Economics Department, Dickinson College, P.O. Box 1773, Carlisle, PA 17013-2896.

Extract

In recent years, water utilities have received increasing attention. Issues of ownership and market structure have been the focus of academic research, policy debates and grassroots activism. These recent concerns echo the contentious debate that raged over water supply in nineteenth century London from 1810 to 1902. Nassau W. Senior and John Stuart Mill were major players in the debates, as both theorists and policy makers.

Type
Research Article
Copyright
Copyright © The History of Economics Society 2007

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