The Transformation of the Railroad Commission of Texas, 1917–1940: Business-Government Relations and the Importance of Personality, Agency Culture, and Regional Differences
William R. Childs
Business History Review, 1991, vol. 65, issue 2, 285-344
Abstract:
This intensive analysis of the Railroad Commission of Texas during the first half of the twentieth century focuses on the impact of personality and of regional and cultural characteristics on regulatory policy and outcomes. The article suggests that a “myth of power” and a “civil religion” of Texas oil, galvanized by a popular commissioner, both allowed cooperative control of oil production and obscured the real sources of power in the world oil industry.
Date: 1991
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Persistent link: https://EconPapers.repec.org/RePEc:cup:buhirw:v:65:y:1991:i:02:p:285-344_05
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