The US economy has disintegrated; and with it the blueprints of the neoliberal economists. One of the strongest voices in predicting this collapse has been that of Paul Craig Roberts. His weekly columns in CounterPunch have won him audiences around the world. Now, he has written a short, sharp outline of 21st century economics, tracing its path to ruin and eloquently arguing for the changes that must be made to avoid a crisis of this kind.
Paul Craig Roberts is a former editor and columnist for both the Wall Street Journal and Business Week. He worked as the Assistant Secretary to the Treasury under the Reagan administration, but has since disavowed both the Republicans and Democrats. He is author of a number of books including the Tyranny of Good Intentions.