David Stockman served as a U.S. Representative from the state of Michigan from 1977 to 1981. He was appointed director of the Office of Management and Budget by President Ronald Reagan and served in that capacity from 1981 to 1985.
After leaving government, Mr. Stockman joined the investment banking firm Salomon Brothers and, later, the private equity firm Blackstone Group. He founded Heartland Industrial Partners, a private-equity firm, in 1999. Today, he writes at “David Stockman’s Contra Corner.”
Mr. Stockman attended Harvard Divinity School. He is the author of “The Triumph of Politics: Why the Reagan Revolution Failed” and more recently “The Great Deformation: The Corruption of Capitalism in America.”