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But he also found time to advise the French government on economic issues: his analyses of monopolies was used by the government to set prices for the railways, utilities and mines it owned after World War II.
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This time, with airports, railways and utilities being targeted by the anti-government protesters, the economic risks may be greater.
He ultimately held important executive positions with several railroads and promoted the development of electric railways and utilities in Los Angeles.
In contrast, British state-run railways and utilities were never terribly good so why not let Europeans run them?
South of the border, the majority would welcome the renationalisation of the railways and utilities, and there is overwhelming support for rebalancing the housing market.
Mr Corbyn's main policies include public control of the railways and utilities, a living wage, and state action on housing.
State monopolies among them the railways, forests, utilities and agricultural industries were sold or transformed into lean corporations as the beasts of deficit and inflation were fought.
The games are also a front for the attempted resurrection of a grubby part of East London, involving new railways and utilities.
"Rather than giving Cameron a free hand to do whatever he wants, and they say we're going to support him, I think we have got to be part of the pressure [on him]." Corbyn reiterated his desire to renationalise the railways and utilities, arguing that Labour lost the election because it was "too close to the economic orthodoxy".
Industries currently at this stage, say the authors, include railways, telecoms, utilities and insurance, all of which Mr Kroeger thinks will stay in stage one for at least another five years.The second, seven-year phase he calls the "scale stage", when size begins to matter.
In the market May Gurney, which helps maintain UK highways, railways and utility services, jumped 46.5p to 299.5p suggesting investors are not necessarily convinced this is the last word on the matter.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com