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The marginalist approach and the making of fuel policy in France and Britain, 1945–72 1
Author(s) -
CHICK MARTIN
Publication year - 2006
Publication title -
the economic history review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.014
H-Index - 49
eISSN - 1468-0289
pISSN - 0013-0117
DOI - 10.1111/j.1468-0289.2005.00333.x
Subject(s) - framing (construction) , modernization theory , politics , economics , coal , policy making , economic policy , economy , political science , economic growth , law , chemistry , engineering , structural engineering , organic chemistry
SUMMARY 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, and the unusually direct influence of economists on policy making is ascribed to a mix of national security, industrial modernization, and political considerations.