Paul Craig Roberts

Paul Craig Roberts

03-Apr-1939


United States


Economists

Paul Craig Roberts is an American economist and author. He formerly held a sub-cabinet office in the United States federal government as well as teaching positions at several U.S. universities. He is a promoter of supply-side economics and an opponent of recent U.S. foreign policy.

QUOTES BY Paul Craig Roberts


Corporations and Wall Street in pursuit of short-term profits have given the economy away.

The American people and the entire world need to understand that the threat to life on earth resides in Washington and that until Washington is fundamentally and totally changed, this threat will remain as the worse threat to life on earth.

It is impossible to work out a reduction in nuclear threat as long as one side is going all out to demonize the other.

The propagandistic American 'media' and the crazed neoconservatives have set humanity on the path to destruction.

I have come to the conclusion that capitalism is successful primarily because it can impose the majority of the costs associated with its economic activities on outside parties and on the environment.

In the U.S., society and the environment have to pick up the tab produced by capitalist activity.

The unambigious fact is that U.S. capitalism is a mechanism for looting the many for the benefit of the few.

If it turns out that global warming and ocean acidification are consequences of capitalism's carbon-based energy system, the entire world could end up dead from the external costs of capitalism.

If you want to learn real economics instead of neoliberal junk economics, read Michael Hudson's books.

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