Paul Craig Roberts

The human capital of most macroeconomists, heavily invested in demand management, was wiped out by the policy failures of the 1970s.

There is no independent American print or TV media.

Once a country descends into evil, it doesn\'t emerge.

A government that cannot survive truth and must resort to stamping out truth is not a government that any country wants.

Clearly the climate is changing, whether caused by CO2 emissions or some other cause.

If all countries are exceptional, the word loses its meaning.

The concentration of U.S. income and wealth in the hands of the very rich is a new development in my lifetime.

The U.S. is ruled by private interest groups and by the neoconservative ideology that history has chosen the U.S. as the \'exceptional and indispensable\' country with the right and responsibility to impose its will on the world.

Trump has more understanding and insight than his opponents realize. For a man such as Trump to risk acquiring so many powerful enemies and to risk his wealth and reputation, he had to have known that the people\'s dissatisfaction with the ruling establishment meant he could be elected president.

Many foolish people believe that nuclear war cannot happen, because there can be no winner. However, the American war planners, who elevated U.S. nuclear weapons from a retaliatory role to a pre-emptive first strike function, obviously do not agree that nuclear war cannot be won.

In 2004, I predicted in a nationally televised conference in Washington, D.C., that the U.S. would be a Third World country in 20 years.

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.

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

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

In the Matrix in which Americans live, nothing is ever their fault.

The way to attack the entitlements problem is to bring the jobs home. This could be done by taxing corporations according to the location, domestic or foreign, at which they add value to their product.

The Western media is a Ministry of Truth that operates full-time in support of the artificial existence that Westerners live inside The Matrix where Westerners exist without thought. Considering their inaptitude and inaction, Western peoples might as well not exist.

Progressives regard government as the white knight that protects the public from the greed of capitalists. If only.

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

Paul Krugman, a professor at MIT and a consultant to the IMF, the World Bank, the United Nations, and the Trilateral Commission, is certainly a member of the establishment.

Under Reagan\'s policies, inflation and nominal GNP growth shriveled much faster than predicted, throwing off government revenue estimates and resulting in budget deficits.

Washington is a black hole into which all sanity is sucked out of government deliberations.

I have argued that the Soviet story is one of the interaction of speculative excess or utopian aspirations with refractory reality.

The financial markets are rigged by the big banks, the Federal Reserve, and the Treasury in the interests of the profits of the few big banks and the dollar\'s exchange value, which is the basis of U.S. power.

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.

We need a memorial day to commemorate the victims of neoliberal globalization.

When I met with Chinese policymakers in 2006, I advised them that there was a limit to how long they could rely on the U.S. consumer market, as jobs offshoring was destroying it.

As the dollar\'s exchange value declines, so will the value of dollar-denominated financial instruments, regardless of how many bonds the Federal Reserve purchases.

Jobs offshoring began with manufacturing, but the rise of the high-speed Internet made it possible to move offshore tradable professional skills, such as software engineering, information technology, various forms of engineering, architecture, accounting, and even the medical reading of MRIs and CT-Scans.

There are no free financial markets in America or, for that matter, anywhere in the Western word, and few, if any, free markets of any other kind.