The New Palgrave Dictionary of Economics

Living Edition
| Editors: Palgrave Macmillan


  • M. V. Posner
Living reference work entry


In socialist economies most enterprises, and all large enterprises, are publicly owned and controlled. In most capitalist economies, at most times, there have been some examples of enterprises owned, controlled, or managed by agents of the government. Naval shipyards, munitions factories, post offices, early telecommunication systems, and the water cycle – these are some of the earliest and continuing examples of public enterprise in an essentially private, capitalist setting.


Public Utility Supervisory Board Public Enterprise Marginal Cost Price Public Ownership 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
This is a preview of subscription content, log in to check access.


  1. Chenot, B. 1956. Les entreprises nationalisées. Paris: Presses Universitaires de France.Google Scholar
  2. Einaudi, M., M. Byé, and E. Rossi. 1955. Nationalization in France and Italy. Ithaca: Cornell University Press.Google Scholar
  3. Holland, S. (ed.). 1972. The state as entrepreneur. London: Weidenfeld & Nicolson.Google Scholar
  4. Posner, M.V. 1973. Fuel policy: A study in applied economics. London: Macmillan.Google Scholar
  5. Posner, M.V., and J.S. Woolf. 1967. Italian public enterprise. London: Duckworth.Google Scholar
  6. Pryke, R. 1971. Public enterprise in practice. London: MacGibbon & Kee.Google Scholar
  7. Robson, W.A. 1960. Nationalized industry and public ownership. London: George Allen & Unwin.Google Scholar
  8. Shepherd, W.G. 1965. Economic performance under public ownership. New Haven/London: Yale University Press.Google Scholar
  9. Votaw, D. 1964. The six-legged dog: Mattei and ENI. Los Angeles: University of California Press.Google Scholar

Copyright information

© The Author(s) 1987

Authors and Affiliations

  • M. V. Posner
    • 1
  1. 1.