Paul Craig Roberts Quote

Despite massive evidence to the contrary, libertarians hold tight to their romantic concept of capitalism, which, freed from government interference, serves the consumer with the best products at the lowest prices.

Paul Craig Roberts

Despite massive evidence to the contrary, libertarians hold tight to their romantic concept of capitalism, which, freed from government interference, serves the consumer with the best products at the lowest prices.

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About Paul Craig Roberts

Paul Craig Roberts (born April 3, 1939) 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.
Roberts received a doctorate from the University of Virginia where he studied under G. Warren Nutter. He worked as an analyst and adviser at the United States Congress where he was credited as the primary author of the original draft of the Economic Recovery Tax Act of 1981. He was the United States Assistant Secretary of the Treasury for Economic Policy under President Ronald Reagan and – after leaving government – held the William E. Simon chair in economics at the Center for Strategic and International Studies for ten years and served on several corporate boards. A former associate editor at The Wall Street Journal, his articles have also appeared in The New York Times and Harper's, and he is the author of more than a dozen books and a number of peer-reviewed papers.
Since retiring, he has been accused of antisemitism and conspiracy theorizing by the Anti-Defamation League, Southern Poverty Law Center and others.