Capitalism, the Unknown Ideal

Who is Herbert Hoover from Capitalism, the Unknown Ideal and what is their importance?

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Hoover was the Secretary of Commerce when the airwaves for brought under government control. Hoover was the one who fought to make the airwaves subject to the control of government. He believed the airwaves were a public concern, not a form of private property. As such, they must be viewed in terms of the public interest and treated as a form of public utility. Since he kept trying to extend government control beyond the limits set by legislation, there were many court cases. He was also involved in laying the framework for the Act of 1927 that established the Federal Radio Commission which became the basis for the Federal Communications Commission.