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Increases in money supply are what constitute inflation, and a general rise in prices is the symptom.

Walter E. Williams

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Walter E. Williams
Age: 84 †
Born: 1936
Born: March 31
Died: 2020
Died: December 1
Columnist
Economist
Journalist
Radio Personality
University Teacher
Philadelphia
Pennsylvania
Walter Williams
Walter Edward Williams
Money
Prices
Supply
Economics
Rise
Symptom
Increase
Constitute
General
Increases
Liberty
Symptoms
Economic
Inflation

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Socialism is just another form of tyranny.
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The prospects are dim for a society that makes mascots out of the unproductive and condemns the productive.
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Minimum-wage laws are one of the most powerful tools in the arsenal of racists.
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Profit is vital to human well-being. Profit is the payment to entrepreneurs just as wages are payments to labor, interest to capital and rent to land. In order to earn profits in free markets, entrepreneurs must identify and satisfy human wants and do so in a way that economizes on society's scarce resources.
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True rights, such as those in our Constitution, or those considered to be natural or human rights, exist simultaneously among people. That means exercise of a right by one person does not diminish those held by another.
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Legality alone is no guide for a moral people. There are many things in this world that have been, or are, legal but clearly immoral. Slavery was legal. Did that make it moral? South Africa’s apartheid, Nazi persecution of Jews, and Stalinist and Maoist purges were all legal, but did that make them moral?
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Vote for me. I'll use my office to take another American's money and give it to you.
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Maybe I'm overly pessimistic, but most of Africa is a continent without much hope for its people... What [Africa] needs, the West cannot give. ...what Africans need is personal liberty...[and] guarantees of private property rights and rule of law.
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I don't know about you, but if you hear that Williams guns have been taken, you'll know Williams is dead.
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Nothing in our Constitution suggests that government is a grantor of rights. Instead, government is a protector of rights.
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Saying the Constitution is a living document is the same as saying we don't have a Constitution.
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In general, presidents and congressmen have very limited power to do good for the economy and awesome power to do bad. The best good thing that politicians can do for the economy is to stop doing bad. In part, this can be achieved through reducing taxes and economic regulation, and staying out of our lives.
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In a free society, government has the responsibility of protecting us from others, but not from ourselves.
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Preaching doom and gloom has been beneficial to the political class. They use it to gain more power and control.
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If there's a distinct group of Americans who harbor open contempt for constitutional principles and rule of law, it's lawyers, judges and members of Congress.
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I have nothing against rich people. In fact, I've been struggling most of my life to join them.
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However, if we wish to be compassionate with our fellow man, we must learn to engage in dispassionate analysis. In other words, thinking with our hearts, rather than our brains, is a surefire method to hurt those whom we wish to help.
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Tyrants always condemn and seek to replace the market process with government coercion because tyrants do not trust that people behaving voluntarily will do what the tyrants think they should do.
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Charity is reaching into one's own pockets to assist his fellow man in need. Reaching into someone else's pocket to assist one's fellow man hardly qualifies as charity. When done privately, we deem it theft, and the individual risks jail time.
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No matter how worthy the cause, it is robbery, theft, and injustice to confiscate the property of one person and give it to another to whom it does not belong.
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