Do the Wall Street Journal’s editorial page editors read their own newspaper? The frontpage headline story for the Labor Day weekend was “Low Wage Growth Challenges Fed.” Despite an alleged 4.4% unemployment rate, which is full employment, there is no real growth in wages. The front page story pointed out correctly that an economy alleged... Read More
Signs of American collapse are everywhere. Apparently no one notices. The world continues to vote with the US in the UN. When even Russia and China serve as handmaidens to US foreign policy by voting with Washington against North Korea, it appears that the image of America as the exceptional and indispensable country is a... Read More
When Trump was elected I wrote that it was unlikely that he would be successful in accomplishing the three objectives for which he was elected—peace with Russia, the return home of offshored US jobs, and effective limits on non-white immigration—because these objectives conflicted with the interests of those more powerful than the president. I wrote... Read More
Who would have imagined that the once great German nation would be ruled by Washington? It is extraordinary, but that is what has happened. Merkel, Washington’s whore, has agreed to fill up Germany with the refugees from Washington’s 16 years of illegal wars against Muslims in North Africa and the Middle East. These are wars... Read More
The mindlessness is unbearable. Amnesty International tells us that we must “fight the Muslim ban” because Trump’s bigotry is wrecking lives. Anthony Dimaggio at CounterPunch says Trump should be impeached because his Islamophobia is a threat to the Constitution. This is not to single out these two as the mindlessness is everywhere among those whose... Read More
“Racist” is the favorite epithet of the left. Every white person (except leftists) is a racist by definition. As we are defined as racists based on our skin color, I am puzzled why we are called racists a second, third, and fourth time due to specific acts, such as favoring the enforcement of immigration laws.... Read More
Did you know that Great Britain is going down the drain because the citizens want to remain British? Did you know that the British are inherently racist, jingoistic, bigots, and obnoxious because they don’t want to become Pakistanis, Syrians, Africans or some multicultural combination? Did you know that the British people voted to leave the... Read More
At a time when even the Wall Street Journal has disappeared into the maw of a huge media conglomerate, the New York Times remains an independent newspaper. But it doesn’t show any independence in reporting or in thought. The Times issued a mea culpa for letting its reporter, Judith Miller, misinform readers about Iraq, thus... Read More
Patrick J. Buchanan is a brave person who loves his country. In his latest book, State of Emergency,he says his country, along with European ones, is rapidly ceasing to exist. Massive unassimilated immigration is changing the cultural and linguistic face of America. Hispanics are taking back the lands seized by the American empire in the... Read More
Do you remember those Information Technology (IT) jobs that were going to take the place in the “new economy” of those outsourced manufacturing jobs? Don’t bother to retrain. The IT jobs are leaving, too. Knowledge work can be done anywhere there are educated people. These days that’s just about everywhere: the Philippines, India, China, Russia,... Read More
Are democracies democratic? Or do elites determine political outcomes regardless of majority opinion? Look at last weekend’s massive anti-war rally in London. Random interviews with participants revealed that many were first time marchers who were protesting not merely war, but Prime Minister Blair’s habit of running roughshod over British opinion. Marchers oppose Blair going to... Read More
Recent economic reports indicate that the recovery is struggling to move forward. The main barriers are high consumer indebtedness and mediocre corporate earnings. Consequently, neither consumer demand nor business investment is driving the recovery. Interest rates are low, but Federal Reserve easing has not provided the usual stimulus to spending and equity prices. Part of... Read More
At birth, a fresh idea encourages thought, but not all ideas age well. Some turn into shibboleths that block debate. Today shibboleths rule over thought. Consider the idea of “the public interest.” This idea was once useful to restrain the arbitrary power of kings. But today every self-serving politician and interest group claims to be... Read More
The most important headline of 2001 came on the last day. It was in the Washington Times and read:“Daschle defends 60-vote majority.” Thus did Tom Daschle, Senate Majority Leader and Democrat from South Dakota, raise the ugly head of tyranny. Daschle has decided that Republican issues along with President Bush’s nominees to executive branch positions,... Read More
Liberal-stifled patriotism, pent-up for decades, has burst forth in response to the events of September 11. It is in fashion again to be a proud American. Patriotism rallies people to the support of their country, granting government new and expanded powers to respond to terrorists. This is understandable, but a headlong rush is no way... Read More
A tragedy for thousands of Americans, the September 11 terrorist attacks on the U.S. were a boon for Eurostatists, Eurocrats and other assorted architects of a European state. The superstatists quickly put their own spin on the attacks, arguing that their success proves the impotence and pointlessness of national sovereignty. As British European Union advocate... Read More
pportunity to offset the effect on elections of the black vote by gaining the Latin or Hispanic vote for Republicans. From this standpoint, amnesty for Latin illegals and permission for Mexican trucking companies to deliver goods in the U.S. make political sense. However, the combination of amnesty and quotas spells the end of the American... Read More
University of California President Richard C. Atkinson is caught between a rock and a hard place. In order to remain politically correct—a requisite for keeping his job—he had to engage in hate speech and hate thought, offenses that mandate sensitivity training if not prosecution. California’s Proposition 209 forbids privileged university admissions on the basis of... Read More
“President Bush might succeed in building an anti-missile defense system and invigorating our economy with a tax cut. But does it really matter?…” The rot in American intellectual life has reached a putrid state. Nothing better illustrates the decline in education and the ability to think than the argument over “affirmative action.” Affirmative action means... Read More
The last vestige of civilized Britain has fallen away — the unarmed British “Bobbie.” For 170 years, British police functioned without guns. Since their founding by Sir Robert Peel in 1829, Bobbies walked their beats armed only with their nightsticks. Until the last few years of these 17 decades, the British public was armed. Now... Read More
In 1973 the prize-winning French novelist Jean Raspail published The Camp of the Saints. An English language edition appeared in 1975 to general acclaim. Publishers’ Weekly declared the book to be “remarkable . . . riveting.” The Wall Street Journal‘s Edmond Fuller said, “sensational.” Linell Smith inThe Baltimore Sun said, “no reader will remain unaffected... Read More
Paul Craig Roberts has had careers in scholarship and academia, journalism, public service, and business. He is chairman of The Institute for Political Economy.
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.
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.