Activity

World War I ended with the collapse of Europe’s global empires, and with them went the colonial model of the California engineer. As new countries formed, some repudiated the debts and concessions imposed on them by previous unelected governments. But if populations held some sort of fundamental ri…

Even when the associative state triumphs, there are always malcontents complaining about the relationship between capital and government. Once Hoover was gone, Congress took a closer look at the airmail contracts and the flurry of corporate activity surrounding them. Pop Hanshue told the legislator…

The Chief’s primary stated goal was to lower the price of wheat in the face of intense global demand, which he did by setting the price lower, enraging farmers. The processors, however, had nothing to complain about. For them Hoover used a “cost-plus” formula, paying contractors an agreed-upon perc…

By the time he went solo, Hoover was less an engineer than what we might recognize today as the head of a private equity firm.11 He had a few stakes in genuinely productive mines, and new techniques for processing mine tailings for their base metals led to novel Westralia revenue, but finance ruled…

who had substantial pecuniary motivation