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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
Increase
Constitute
General
Increases
Liberty
Symptoms
Economic
Inflation
Money
Prices
Supply
Economics
Rise
Symptom
More quotes by Walter E. Williams
(F)or 50 years, the well-meaning leftist agenda has been able to do to blacks what Jim Crow and harsh discrimination could never have done: family breakdown, illegitimacy and low academic achievement.
Walter E. Williams
How does something immoral, when done privately, become moral when it is done collectively? Furthermore, does legality establish morality? Slavery was legal apartheid is legal Stalinist, Nazi, and Maoist purges were legal. Clearly, the fact of legality does not justify these crimes. Legality, alone, cannot be the talisman of moral people.
Walter E. Williams
Prior to capitalism, the way people amassed great wealth was by looting, plundering and enslaving their fellow man. Capitalism made it possible to become wealthy by serving your fellow man.
Walter E. Williams
Having children is not an act of God. It's not like you're walking down the street and pregnancy strikes you children are a result of a conscious decision. For the most part, female-headed households are the result of short-sighted, self-destructive behavior of one or two people.
Walter E. Williams
I have nothing against rich people. In fact, I've been struggling most of my life to join them.
Walter E. Williams
When the Founders thought of democracy, they saw democracy in the political sphere - a sphere strictly limited by the Constitution's well-defined and enumerated powers given the federal government. Substituting democratic decision making for what should be private decision making is nothing less than tyranny dressed up.
Walter E. Williams
Saying the Constitution is a living document is the same as saying we don't have a Constitution.
Walter E. Williams
A recent study by David Green and Laura Casper, 'Delay, Denial and Dilution,' written for the London-based Institute of Economic Affairs, concludes that the World Health Organization calculated that Britain has as many as 25,000 unnecessary cancer deaths a year because of under-provision of care.
Walter E. Williams
The freedom of individuals from compulsion or coercion never was, and is not now, the normal state of human affairs. The normal state for the ordinary person is tyranny, arbitrary control and abuse mainly by their own government.
Walter E. Williams
Vote for me. I'll use my office to take another American's money and give it to you.
Walter E. Williams
Trying to get government to be as efficient as business is as hopeless as trying to teach cats to bark and dogs to meow.
Walter E. Williams
After a Canadian has been referred to a specialist, the waiting list for gynecological surgery is four to 12 weeks, cataract removal 12 to 18 weeks, tonsillectomy three to 36 weeks and neurosurgery five to 30 weeks.
Walter E. Williams
If the Constitution framers would come back today, they would have contempt for most of us.
Walter E. Williams
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.
Walter E. Williams
Economic planning is nothing more than the forcible superseding of other people's plans by the powerful elite backed up by the brute force of government.
Walter E. Williams
Governments are instituted among Men, deriving their just powers from the consent of the governed
Walter E. Williams
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.
Walter E. Williams
It's people seeking more for themselves that has produced a better life for all Americans.
Walter E. Williams
Reduced employment opportunities is one effect of minimum wage legislation. The minimum wage law has imposed incalculable harm on the disadvantaged members of our society. The only moral thing to do is to repeal it.
Walter E. Williams
Here's Williams' roadmap out of poverty: Complete high school get a job, any kind of a job get married before having children and be a law-abiding citizen. Among both black and white Americans so described, the poverty rate is in the single digits.
Walter E. Williams
