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Dr. Paul Craig Roberts: Former US Treasury Official, Co-Founder of Reaganomics, Economist & Acclaimed Author – Dr. Paul Craig Roberts is an American economist, a columnist and recent author of “How America Was Lost: From 9/11 to the Police/Warfare State”. He served as an Assistant Secretary of the Treasury in the Reagan Administration earning fame as a co-founder of Reaganomics. He is a former editor and columnist for the Wall Street Journal, Business Week, and Scripps Howard News Service. Dr. Roberts has testified before congressional committees on 30 occasions on issues of economic policy. He has also written extensively that during the 21st century the Bush and Obama administrations have destroyed the US Constitution's protections of Americans' civil liberties and has been a critic of both Democratic and Republican administrations.
In Dr. Roberts latest book "How America Was Lost: From 9/11 to the Police/Warfare State," his scathing critique sheds much-needed light on the country’s impending nightmare—economic collapse, internal repression, ongoing wars, and rising rejection by friends and foes alike. America’s fate was sealed when the public and the anti-war movement bought the government’s 9/11 conspiracy theory.
The militarism of the U.S. and Israeli states, and Wall Street and corporate greed, will now run their course. “How America Was Lost" marks Roberts as one of the most incisive and courageous moral commentators in America today.
Paul Craig Roberts has had careers in scholarship and academia, journalism, public service, and business. He is chairman of The Institute for Political Economy.
Scholarship & Academia
Dr. Roberts has held academic appointments at Virginia Tech, Tulane University, University of New Mexico, Stanford University where he was Senior Research Fellow in the Hoover Institution, George Mason University where he had a joint appointment as professor of economics and professor of business administration, and Georgetown University where he held the William E. Simon Chair in Political Economy in the Center for Strategic and International Studies.
He has contributed chapters to numerous books and has published many articles in journals of scholarship, including the Journal of Political Economy, Oxford Economic Papers, Journal of Law and Economics, Studies in Banking and Finance, Journal of Monetary Economics, Public Choice, Classica et Mediaevalia, Ethics, Slavic Review, Soviet Studies, Cardoza Law Review, Rivista de Political Economica, and Zeitschrift fur Wirtschafspolitik. He has entries in the McGraw-Hill Encyclopedia of Economics and the New Palgrave Dictionary of Money and Finance.
He has contributed to Commentary, The Public Interest, The National Interest, Policy Review, National Review, The Independent Review, Harper’s, the New York Times, The Washington Post, The Los Angeles Times, Fortune, London Times, The Financial Times, TLS, The Spectator, The International Economy, Il Sole 24 Ore, Le Figaro, Liberation, and the Nihon Keizai Shimbun. He has testified before committees of Congress on 30 occasions.
Dr. Roberts was associate editor and columnist for The Wall Street Journal and columnist for Business Week and the Scripps Howard News Service. He was a nationally syndicated columnist for Creators Syndicate in Los Angeles. In 1992 he received the Warren Brookes Award for Excellence in Journalism. In 1993 the Forbes Media Guide ranked him as one of the top seven journalists in the United States.
President Reagan appointed Dr. Roberts Assistant Secretary of the Treasury for Economic Policy and he was confirmed in office by the U.S. Senate. From 1975 to 1978, Dr. Roberts served on the congressional staff where he drafted the Kemp-Roth bill and played a leading role in developing bipartisan support for a supply-side economic policy. After leaving the Treasury, he served as a consultant to the U.S. Department of Defense and the U.S. Department of Commerce.
Dr. Roberts was president of the Inlet Beach Water Company, president of Economic & Communication Services, advisor to J.P. Morgan asset management, advisor to Tiedemann-Goodnow, advisor to Lazard Freres Asset Management, and a member of corporate and financial boards.
How America Was Lost: From 9/11 to the Police/Warfare State – Even as the view of America as a rogue state consolidates abroad,Americans appear largely bystanders at the spectacle of their government running amok. People forget the myriad instances of their government's flouting of the Constitution and international legal norms– if ever they were aware of them in the first place–accepting to live in the increasingly pernicious "new normal" with little protest. This remarkable anthology of columns documents and reminds us of the extraordinary developments that, in their accumulation, have led to the destruction of accountable and moral government in the US. Few American commentators have cut more clearly through the deepening deceit, hypocrisy and outright criminality that has infested official Washington since 9/11 than Paul Craig Roberts. His scathing critique sheds much-needed light on the country’s impending nightmare—economic collapse, internal repression, ongoing wars, and rising rejection by friends and foes alike. America’s fate was sealed when the public and the anti-war movement bought the government’s 9/11 conspiracy theory. This defining event of our time, which has launched the US on interminable wars of aggression and a domestic police state, is a taboo topic for investigation in the media. Trillion dollar wars have created financing problems for Washington’s deficits,threatening the dollar’s role as world reserve currency, and putting Social Security and Medicare on the chopping block. These protections are called “entitlements” as if they are some sort of welfare that people have not paid for in payroll taxes all their working lives. With over 21 per cent unemployment, with American jobs, GDP, and technology having been given to China and India, with war being Washington’s greatest commitment, with the dollar over-burdened with debt, with civil liberty sacrificed to the bogus war on terror, the liberty and prosperity of the American people have been thrown into the trash bin of history. The militarism of the U.S. and Israeli states, and Wall Street and corporate greed, will now run their course. “How America Was Lost" marks Roberts as one of the most incisive and courageous moral commentators in America today.