Paul Craig Roberts is an American economist and a columnist for - TopicsExpress



          

Paul Craig Roberts is an American economist and a columnist for Creators Syndicate. He served as an Assistant Secretary of the Treasury in the Reagan Administration and was noted as a co-founder of Reaganomics.[1] He is a former editor and columnist for the Wall Street Journal, Business Week, and Scripps Howard News Service. He has testified before congressional committees on 30 occasions on issues of economic policy. He has written extensively on the effects of the neo-liberal economic policies pursued since the 1990s and about jobs-offshoring which he has strongly criticised. He has argued that these policies, favouring the financial services industry at the expense of other sectors of the economy, has eroded Americas industrial capacity, its workers skills and has sharply decreased upward social mobility. He has stated that these policies which condemned American workers to low-paying unskilled jobs, as the only jobs available, caused them to increase their net personal debt to maintain living standards, significantly contributed to the 2008 Global Financial Crisis. These positions are covered in greater detail in his book The Failure of Laissez-Faire Capitalism and the Economic Erosion of the West (2012). paulcraigroberts.org/2014/08/14/washington-placed-world-road-war-paul-craig-roberts/ Washington Has Placed The World On The Road To War Does the world have a death wish? Paul Craig Roberts The drums for war are being loudly beaten in Washington, European capitals, and the presstitute Western media. A headline in the Asia Times is “NATO Is Desperate For War.” atimes/atimes/Central_Asia/CEN-01-080814.html This time the target is Russia, a major nuclear power. The deadly consequences of such a war would extend beyond Russia, Europe, and the US to the entire world. The Western use of lies to demonize Russia endangers life on earth and reveals the West to be both reckless and irresponsible. Yet, few voices are raised against this recklessness and irresponsibility.
Posted on: Thu, 14 Aug 2014 22:46:15 +0000

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