|Paul Craig Roberts [email him]was Assistant Secretary of the Treasury in the
Reagan Administration. He is the author of Supply-Side
Revolution : An Insider's Account of Policymaking in Washington;Alienation
and the Soviet Economy and Meltdown:
Inside the Soviet Economy, and is the
co-author with Lawrence M. Stratton of The
Tyranny of Good Intentions : How Prosecutors and Bureaucrats Are Trampling the
Constitution in the Name of Justice.
He is a former editor and columnist for the Wall Street Journal, Business Week, and Scripps Howard News Service and a graduate of the Georgia Institute of Technology and he holds a Ph.D. from the University of Virginia and was a post-graduate at the University of California, Berkeley, and Oxford University where he was a member of Merton College.
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.
His writings frequently appear on Antiwar.com, VDARE.com. Lew Rockwell's web site, NewsMax, and CounterPunch.
Roberts has been a critic of both Democratic and Republican administrations. Dr. Roberts has held numerous academic appointments. He has authored or coauthored eight books, contributed chapters to numerous books and has published many articles in journals of scholarship. He has testified before congressional committees on 30 occasions on issues of economic policy. He was Distinguished Fellow at the Cato Institute from 1993 to 1996. He was a former Senior Research Fellow at the Hoover Institution. From 1982 through 1993, he held the William E. Simon Chair in Political Economy at the Center for Strategic and International Studies. During 1981-82 he served as Assistant Secretary of the Treasury for Economic Policy. President Reagan and Treasury Secretary Regan credited him with a major role in the Economic Recovery Tax Act of 1981, and he was awarded the Treasury Department's Meritorious Service Award for "outstanding contributions to the formulation of United States economic policy." 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.
In 1987 the French government recognized him as "the artisan of a renewal in economic science and policy after half a century of state interventionism" and inducted him into the Legion of Honor on March 20, 1987. The French Minister of Economics and Finance, Edouard Balladur came from France to present the medal to Dr. Roberts at a ceremony at the French Ambassador's residence in Washington, D.C. President Reagan sent OMB Director Jim Miller to the ceremony with a letter of congratulation.
Roberts opposed the Iraq War, and writes frequently on the subject. On May 18, 2005, in response to the publication of the "Downing Street memo," Roberts wrote an article calling for Bush's impeachment for lying to Congress about the case for war.
Roberts is also a critic of a potential Bush administration attack on Iran. In an August 15, 2005 article, he states "Bush...dismisses all facts and assurances and is willing to attack Iran based on nothing but Israel's paranoia."
Although his criticisms of Bush often seem to align him with the political left, Roberts continues to praise Ronald Reagan and to endorse many of Reagan's policies, arguing that "true conservatives" were the "first victims" of the neoconized Bush administration . He has said that many supporters of George W. Bush "are brownshirts with the same low intelligence and morals as Hitler's enthusiastic supporters."
* In "Alienation and the Soviet Economy" (1971), Roberts explained the Soviet economy as the outcome of a struggle between inordinate aspirations and a refractory reality. He showed that the Soviet economy was not centrally planned, but that its institutions, such as material supply, reflected the original Marxist aspirations to establish a non-market mode of production.
* In "Marx's Theory of Exchange" (1973), Roberts showed that Marx was an organizational theorist whose materialist conception of history ruled out good will as an effective force for change.
* In "The Supply-Side Revolution" (1984), Roberts explained the reformulation of macroeconomic theory and policy that he had helped to achieve.
* In "The New Color Line" (1995), Roberts showed that the Civil Rights Act was subverted by the bureaucrats who applied it and, by being used to create status-based privileges, became a threat to the Fourteenth Amendment in whose name it was passed.
* In "The Tyranny of Good Intentions" (2000), Roberts documented the erosion of the Blackstonian legal principles that ensure that law is a shield of the innocent and not a weapon in the hands of government.
* His first scholarly article (Classica et Mediaevalia) was a reformulation of "The Pirenne Thesis."
September 11, 2001 attacks
Of the 9/11 Commission Report he wrote in 2006, "One would think that if the report could stand analysis, there would not be a taboo against calling attention to the inadequacy of its explanations." (see Criticisms of the 9/11 Commission Report). He has reported what he says are findings by experts that conclude there is a large energy deficit in the official account of the collapse of the three WTC buildings, and says that this deficit remains unexplained.
Roberts, a supply-side economist, comments on the "scientific impossibility" of the official explanation for the events on 9/11 and says those engineers and physicists who accept this theory are wrong. On August 18, 2006, he wrote:
I will begin by stating what we know to be a solid incontrovertible scientific fact. We know that it is strictly impossible for any building, much less steel columned buildings, to