Economist, columnist
Paul Craig Roberts

Paul Craig Roberts (born 3 April 1939) is an American economist, journalist, blogger and former civil servant. He is best known as a journalist specializing in economic affairs from an anti-establishment, liberal conservative perspective. He was the United States Assistant Secretary of the Treasury for Economic Policy under President Reagan in 1981.


Hoover Institution, Senior Research Fellow
Independent Institute, Research Fellow


Is Free Trade Obsolete? Part 1, by Sheldon Richman, Future of Freedom, Apr 2004
Critiques a Paul Craig Roberts and Charles Schumer article arguing against free trade, introducing first the law of comparative advantage
"Among the people making this prediction are economist Paul Craig Roberts, who is generally a free-market advocate, and U.S. Sen. Charles Schumer of New York. ... Roberts and Schumer see a different kind of threat in this 'new economic era' to which, in their view, the old answers don't apply. ... What makes the economic era new, they say, is the wiping out of a critical premise of free-trade doctrine: the immobility of capital and labor. ... According to Paul Craig Roberts, the indispensable condition for the operation of the law of comparative advantage no longer applies."
Is Free Trade Obsolete? Part 2, by Sheldon Richman, Future of Freedom, May 2004
After providing a numerical example of the law of comparative advantage, defends it from the argument (made by Roberts and Schumer) that movable factors of production make the law no longer applicable
"According to economist Paul Craig Roberts, an early proponent of supply-side economics and a treasury official during the Reagan years, Ricardo's law depends on the inability of capital and labor to move across national boundaries. ... As George Mason University economist Tyler Cowen writes, 'Basically Roberts is peddling snake oil. His argument boils down to old-style protectionism, dressed up in new rhetorical garb, not new substance.' Cowen’s charge is substantiated by the fact that Roberts's argument would lead him to accept situations extremely similar to those he condemns."
Private Property and the Rule of Law: Paul Craig Roberts III and The Spirit Of Friedrich Hayek [PDF], by Michael D. White, 1992
Commentary introducing the 1992 Frank M. Engle Lecture, "'Takings,' the economy, and legal and property rights", delivered by Paul Craig Roberts at The American College, Bryn Mawr, PA, on 11 May 1992
"Dr. Roberts speaks from this tradition. He does not see economics purely as mathematical and statistical number-crunching. He sees it philosophically in the best sense of that word: as a form of human activity, acted out in realms of human creation, within a modern complex of cultural, legal, political, and social structures."


A Collapsing Presidency, 20 Mar 2006
Discusses the state of the George W. Bush administration, believing they are all neocons, who don't believe in debate, diplomacy or the U.S. Constitution
"The latest national survey by the Pew Research Center finds that President Bush’s support among the American people has fallen to 33%. Even more devastatingly, the survey finds that people's most frequently used one-word description of President Bush is 'incompetent.' ... Neocons are Jacobins. They are a foreign import and do not share our American values. Neocons are a grave danger to the United States and to the world. Neocons have led America into two gratuitous on-going wars that cannot be won, and they are determined to lead us into more wars. It is our duty to defend our country and to oppose these evil people. "
America Is No More, 19 Sep 2007
Comments on the lack of concern for constitutional rights under George W. Bush, as evidenced by the tasering of a student at a speech by John Kerry
"Usually when police violate constitutional rights and commit acts of police brutality they do it when they believe no one is watching, not in front of a large audience. Clearly, the police have become more audacious in their abuse of rights and citizens. What explains the new fearlessness of police to violate rights and brutalize citizens without cause?"
Related Topic: Rights
Americans Have Lost Their Country, 1 Mar 2007
Discusses (and lists) the neoconservatives in the George W. Bush administration and the rationale for their actions furthering wars in the Middle East
"The Bush-Cheney regime is America's first neoconservative regime. In a few short years, the regime has destroyed the Bill of Rights, the separation of powers, the Geneva Conventions, and the remains of America's moral reputation along with the infrastructures of two Muslim countries and countless thousands of Islamic civilians. ... When the American people caught on that the 'war on terror' was a cloak for wars of aggression, they put Democrats in control of Congress ... the Democrats have proven to be impotent ... We are witnessing the triumph of a dozen evil men over American democracy and a free press."
Ban People – They Kill, 17 Apr 2007
"Once guns are banned, crime will explode. Households and vulnerable members of society will lose the ability to defend, which will invite more intrusions and attacks. ... Gun prohibition will create a new industry for criminals – gun running and black market sales. Police will conduct stings by posing as black market gun dealers ..."
Bush Is About To Attack Iran, 27 Jan 2007
Expresses dismay at the American lack of awareness of the Bush administration's intent of starting a war with Iran on the pretext that Iran, rather than al-Qaeda, is responsible for the Iraqi insurgency
"The American public and the US Congress are getting their backs up about the Bush Regime's determination to escalate the war in Iraq. A massive protest demonstration is occurring in Washington DC today, and Congress is expressing its disagreement with Bush’s decision to intensify the war in Iraq. ... General Ivashof and everyone in the Middle East and at the Davos globalization conference in Europe understands the Bush Regime's agenda. Why cannot Americans understand? Why hasn't Congress told Bush and Cheney that they will both be instantly impeached if they initiate a wider war?"
Related Topics: George W. Bush, Iran, Middle East
Evidence of a Stolen Election, 19 Jan 2006
"Mark Crispin Miller's new book, Fooled Again ... describes considerably more election fraud than voting machines programmed to count a proportion of Kerry votes as Bush votes. ... problems noted in the GAO's September 2005 report ... The outcome of the 2004 presidential election has always struck me as strange. ..."
Related Topic: Voting
Gore Is Right, 18 Jan 2006
"Former vice president Al Gore gave what I believe to be the most important political speech in my lifetime ...The separation of powers and our civil liberties are ... our patrimony from the Founding Fathers. ... Gore challenged the American people to step up to the task of defending the Constitution ..."
How Much More Harm Can Bush Do?, 7 Mar 2006
Discusses the casualties resulting from the 2003 Iraq invasion, the changed world opinion of the United States and the lobbies that benefit from the continuation of hostilities
"U.S. casualties (dead and wounded) have now reached 27,000 in a war that was supposed to be a 'cakewalk,' over in a few weeks. If what four-star Gen. Wesley Clark, former supreme commander of NATO, told Amy Goodman in a March 2 interview is correct, U.S. casualties are yet in their early days. ... How did the 'war on terror' become a war on the Iraqi people? ... Americans still regard themselves as the salt of the earth. But the rest of the world no longer sees Americans that way. When citizens of other countries turn their eyes toward America, they see evil."
UpdI Resign From the Mont Pelerin Society, 21 Aug 2008
Explains Roberts' rationale for resigning from the Mont Pelerin Society (MPS)
"I have come to the conclusion that the Mont Pelerin Society is no longer an effective force for freedom, becoming instead another tool in behalf of US hegemony, ringing Russia with US military bases and puppet governments in the name of 'supporting democracy.' As far as I am aware, the MPS has not addressed the Bush administration's assault on US civil liberties ... I do not want to be associated with an organization that is a front for American hegemony and wars based on propaganda, lies, and deceit. If Milton Friedman and F.A. Hayek were still alive, I am certain they would join me in resignation."
Related Topics: Georgia, Mont Pelerin Society, War
It Came From Washington: A Criminally Insane Government, 1 Jul 2012
Examines U.S. government adversarial actions towards Russia and China
"For a country incapable of occupying Iraq after 8 years and incapable of occupying Afghanistan after 11 years, to simultaneously take on two nuclear powers is an act of insanity. The hubris in Washington, fed daily by the crazed neocons, despite extraordinary failure in Iraq and Afghanistan, has now targeted formidable powers–Russia and China. The world has never in its entire history witnessed such idiocy. The psychopaths, sociopaths, and morons who prevail in Washington are leading the world to destruction."
UpdLest We Forget, 25 Feb 2006
Recounts Khrushchev's denouncing of Stalin 50 years earlier, and warns Americans that they do not need to give up civil liberties, constitutional safeguards or international conventions in order to defend themselves against terrorism
"Fifty years ago today, Nikita Khrushchev gave his Secret Speech to the Closed Session of the Twentieth Party Congress in which he denounced Joseph Stalin. At that time, Khrushchev, the general secretary of the Communist Party of the Soviet Union, held the most powerful political office in the world. ... It is a great lie that America needs to give up its civil liberties, the separation of powers, the Geneva Conventions, and humane treatment of prisoners in order to defend itself against terrorism. If these are the Bush regime's terms for protection, Americans need quickly to find another government."
Related Topics: George W. Bush, Communism
The Confession Backfired, 17 Mar 2007
"I remember speaking years ago with Soviet dissident Valdimir Bukovsky about the behavior of Soviet dissidents under torture. He replied that people pressed for names under torture would try to remember the names of war dead and people who had passed away. Those who retained enough of their wits under torture would confess to an unbelievable array of crimes in an effort to alert the public to the falsity of the entire process."
The Disrespect for Truth has Brought a New Dark Age, 29 Dec 2006
Compares past and present attitudes toward the truth and the impact of propaganda and other government actions on those attitudes
"When the Clinton administration allowed the media concentration in the 1990s, the independence of the American media was destroyed. Today there are a few large conglomerates whose values depend on broadcast licenses from the government. The conglomerates are run by corporate executives who are not journalists and whose eyes are on advertising revenues. They publish and broadcast what is safe. These conglomerates will take no risks in behalf of free speech or truth."
Related Topics: Freedom of Speech, Terrorism
The Power of Propaganda, 27 Dec 2006
Discusses the history of Chile from 1970 to 1990, covering Salvador Allende's election and the military coup d'état that resulted in the dictatorship of Augusto Pinochet, comparing the latter's actions to George W. Bush "war on terror"
"In truth, Allende overthrew himself. He disregarded the constitution, permitted private property to be seized by communist organizations, tolerated and assisted the formation of armed groups that operated independently of the government, and disorganized the economy to the extent that there were food shortages. ... The irony is that Allende would likely have been pushed aside by the parallel government that he was allowing communists to create."
Related Topics: Chile, Terrorism
What's Become of Americans?, 22 Mar 2006
Ponders the lack of reaction by Americans to events related to the Iraq War, such as the missing WMDs, Abu Ghraib, mass surveillance, "free speech" zones, the death toll and the Haditha massacre
"And now, it's been discovered the executive branch has been conducting massive, illegal, domestic surveillance on its own citizens. You and me. And I at least consoled myself that finally, finally the American people will have had enough. Evidently, we haven't. In fact, if the people of this country have spoken, the message is we're okay with it all. Torture, warrantless search and seizure, illegal wiretappings, prison without a fair trial or any trial, war on false pretenses. We, as a citizenry, are apparently not offended."
Will the Democrats Become Part of the Problem?, 10 Nov 2006
Discusses the outcome of the 2006 U.S. mid-term elections and offers recommendations primarily for congressional Democrats
"If the Democrats are to make a real difference, their first task is to repeal the Orwellian-named 'Patriot Acts,' the torture legislation, the detention without court evidence legislation, and the right-to-spy and invade privacy without court warrant legislation. ... Can Democrats restore American liberties and leadership, or will a lust for power corrupt them, too, and cause Democrats to retain the police state powers Bush has created?"


Paul Craig Roberts Interview, by Paul Craig Roberts, Scott Horton, The Weekend Interview Show with Scott Horton, 9 Jul 2005
"Scott and Paul Craig Roberts discuss the London bombings, the media, the terror war, the Iraq war and the neo-Jacobins."

The introductory paragraph uses material from the Wikipedia article "Paul Craig Roberts" as of 25 Jun 2018, which is released under the Creative Commons Attribution-Share-Alike License 3.0.