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Herbert Clark Hoover

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  • Economy: Does Obama know what he's doing?

    We don't claim to be economists here (that's probably obvious), but occasionally wonder how it is that economic collapse suddenly fills the politicians with great confidence that they can and should spend money like drunken sailors. If you have...
  • Tim Geithner gets FDR very wrong (but so did Obama)

    Tim Geithner gets FDR very wrong (but so did Obama)
    It's necessary to correct an old canard repeated by former Treasury Secretary Timothy Geithner about Franklin Roosevelt's behavior in the long interregnum between the 1932 election and his 1933 inauguration.  As was spotted by Matt O'Brien of the...

    Derring-do: More from 101-year-old shipbuilder

    Several details from a lengthy interview with Newport News retiree and former shipyard designer Russell Derring didn't make it into a lengthy May 10 profile. Derring, 101, started his shipbuilding career in 1929, and as an apprentice installed pipes on...

    Tensions grow at Occupy L.A. as deadline nears

    Tensions grow at Occupy L.A. as deadline nears
    Activists and L.A. officials faced difficult choices over the next phase of the Occupy L.A. movement as a 12:01 Monday deadline approached for the departure of nearly 700 protesters from an encampment on City Hall grounds. On Sunday evening, Mayor...

    Isabel Benham dies at 103; first female partner on Wall Street

    Isabel Benham, whose deep knowledge of the railroad industry made her an influential bond analyst at a time when few women held positions of authority on Wall Street, has died. She was 103. She died May 18 in her New York City apartment, according to...