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

Nicola Tynan

Journal of the History of Economic Thought, 2007, vol. 29, issue 1, 49-65

Abstract: 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.

Date: 2007
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