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La peur du déclin économique face à l’épuisement des ressources naturelles, de W. Stanley Jevons à Herbert S. Jevons (1865-1915)

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  • Antoine Missemer

Abstract

From the 1860s, the unprecedent prosperity state of Great Britain faced a new threat : the exhaustion of coal resources. W. Stanley Jevons is the first to clearly emphasize the risks of coal depletion for the economic future of his country. Fifty years after him (in 1915), his son, Herbert S. Jevons, extended his father?s analysis in multiple ways. If these two authors share the same idea that resource depletion is a matter of production costs more than physical shortage, both do not indicate the same channels to avoid industrial decline, a fear that remains a strong feature of the late-19th century British economic thought. Classification JEL : B13, N13, N53, Q32

Suggested Citation

  • Antoine Missemer, 2015. "La peur du déclin économique face à l’épuisement des ressources naturelles, de W. Stanley Jevons à Herbert S. Jevons (1865-1915)," Revue économique, Presses de Sciences-Po, vol. 66(5), pages 825-842.
  • Handle: RePEc:cai:recosp:reco_665_0825
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    Cited by:

    1. Missemer, Antoine & Nadaud, Franck, 2020. "Energy as a factor of production: Historical roots in the American institutionalist context," Energy Economics, Elsevier, vol. 86(C).
    2. Antoine Missemer, 2018. "Fossil Fuels in Economic Theory - Back to the 19th century British Debates," Post-Print hal-01793364, HAL.

    More about this item

    JEL classification:

    • B13 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Neoclassical through 1925 (Austrian, Marshallian, Walrasian, Wicksellian)
    • N13 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: Pre-1913
    • N53 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - Europe: Pre-1913
    • Q32 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Exhaustible Resources and Economic Development

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