Professor of Business Administration, Department of Business Administration & Management, University of Redlands, Chair, Department of Business Administration & Management, University of Redlands, Curator of the Collection, Erie Lackawanna Railroad Historical Society Collection
I am engaged currently in two projects. The first is a long-term assessment of the 1913 Federal Valuation Act, a mostly-forgotten law that was intended to respond to the Supreme Court's assertion in Smyth v. Ames (171 U.S. 361), that railroad rates must be regulated in a scientific, or rational fashion and that regulations must not impede the right of corporations to earn a reasonable rate of return on invested capital. The second is a geo-spatial and financial analysis of the effect of the 1907 Bank Panic on state-chartered banks in the upper Great Plains.
