PAUL CRAIG ROBERTS
Paul Craig Roberts is the John M. Olin fellow at the Institute for Political Economy, research fellow at the Independent Institute and senior research fellow at the Hoover Institution, Stanford University. A former editor and columnist for The Wall Street Journal, he writes a political commentary column for Creators Syndicate. He also writes a monthly economics column for Investors Business Daily . In 1992, he received the Warren Brookes Award for Excellence in Journalism. In 1993, he was ranked as one of the top seven journalists by the Forbes Media Guide .
He was distinguished fellow at the Cato Institute from 1993 to 1996. From 1982 through 1993, he held the William E. Simon chair in political economy at the Center for Strategic and International Studies. From 1981 to 1982, 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 "his 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.
Dr. Roberts' latest book, co-authored with Lawrence Stratton, is The Tyranny of Good Intentions: How Prosecutors and Bureaucrats are Trampling the Constitution in the Name of Justice (2000, Prima Publishing). The New Colorline: How Quotas and Privilege Destroy Democracy, also co-authored with Lawrence Stratton, was published by Regnery in October 1995. Meltdown: Inside the Soviet Economy, co-authored with Karen LaFollette, was published by the Cato Institute in 1990. His book, The Supply-Side Revolution, was published by Harvard University Press in 1984. Widely reviewed and favorably received, the book was praised by Forbes as "a timely masterpiece that will have real impact on economic thinking in the years ahead." He is the author of Alienation and the Soviet Economy, published in 1971 and republished in 1990, and Marx's Theory of Exchange, Alienation, and Crisis, published in 1973 and republished in 1983.
Roberts has held numerous academic appointments and has published many articles in journals of scholarship, including the Journal of Political Economy, Oxford Economic Papers, Journal of Law and Economics, Studies in Banking and Finance, Journal of Monetary Economics, Public Finance Quarterly, Public Choice, Classica et Mediaevalia, Ethics, Slavic Review, Soviet Studies, Rivista Di Politica Economica, and Zeitschrift Fur Wirtschafspolitik. He has contributed to Commentary, The Public Interest, Harper's, The New York Times, The Washington Post, Los Angeles Times, Fortune, Investor's Business Daily, London Times, Financial Times, The Spectator, The Times Literary Supplement, IL Sole 24 Ore, Le Figaro, Liberation and The Nihon Keizai Shimbun. He has testified before committees of Congress on over 30 occasions.
Dr. Roberts was educated at the Georgia Institute of Technology, the University of Virginia, the University of California at Berkeley and Oxford University, where he was a member of Merton College.