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Debating Coal Closures: Economic Calculation in the Coal Dispute, 1984-5
Debating Coal Closures: Economic Calculation in the Coal Dispute, 1984-5. Edited by David Cooper and Trevor Hopper * New York: Cambridge University Press, 1988. vi + 288 pp. Charts, tables, notes, references, and index. $59.50.
The year-long industrial dispute in the coal mining industry in 1984-85 was an important event in Britain's recent economic and political history. The dispute was sparked by the National Coal Board's (NCB) announcement that five collieries were to be closed on the grounds that they were "uneconomic." By "uneconomic" the NCB meant that the costs of producing the coal outweighed the proceeds generated by its sale. This edited volume brings together a collection of articles on the financial and economic issues that were at the …