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According to the Institute for International Economics, trade barriers cost American consumers $80 billion a year or more than $1,200 per family.

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
Cost
Billion
Year
Barriers
American
Consumers
Family
Billions
Years
According
Economics
International
Trade
Institute

More quotes by Walter E. Williams

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Most of our country's serious problems can be laid at the feet of Congress and the White House and not at capitalism.
Walter E. Williams
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Reaching into someone else's pocket to assist one's fellow man hardly qualifies as charity.
Walter E. Williams
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I prefer a thief to a Congressman. A thief will take your money and be on his way, but a Congressman will stand there and bore you with the reasons why he took it.
Walter E. Williams
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Government is about coercion. Limiting government is the single most important instrument for guaranteeing liberty. We're working on a third generation which has little in the way of education about what our Constitution means and why it was written. Thus, we've fallen easy prey to charlatens, quacks, and hustlers.
Walter E. Williams
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The idea that even the brightest person or group of bright people, much less the U.S. Congress, can wisely manage an economy has to be the height of arrogance and conceit.
Walter E. Williams
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If grade inflation continues, a college bachelor's degree will have just as much credibility as a high school diploma.
Walter E. Williams
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In keeping Americans ill-educated, ill-informed and constitutionally ignorant, the education establishment has been the politician's major and most faithful partner. It is in this sense that American education can be deemed a success.
Walter E. Williams
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Cap and trade is just about the most effective tool for controlling most economic activity short of openly declaring ourselves a communist nation and it's a radical environmentalist's dream come true.
Walter E. Williams
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The global warming scare has provided a field day for politicians and others who wish to control our lives. After all, only the imagination limits the kind of laws and restrictions that can be written in the name of saving the planet.
Walter E. Williams
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Experts and the educated elite have replaced what worked with what sounded good. Society was far more civilized before they took over our schools, prisons, welfare programs, police departments and courts. It's high time we ran these people out of our lives and went back to common sense.
Walter E. Williams
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The crucial question for any policy is not what, are its intentions, but what are its effects?
Walter E. Williams
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One of the wonderful things about free markets is that the path to greater wealth comes not from looting, plundering and enslaving one's fellow man, as it has throughout most of human history, but by serving and pleasing him.
Walter E. Williams
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...[I]f we care about our remaining liberties we must at some point draw a line in the sand and let politicians and bureaucrats know we will not tolerate further encroachment on our God-given rights to liberty.
Walter E. Williams
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Universities have failed in their function of the pursuit of academic excellence by having dumbed down classes and granting degrees to students who are just barely literate and computationally incompetent.
Walter E. Williams
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The message coming out of Washington, especially from our leftist politicians and the news media, is that we solve our budget problems by raising taxes on the rich. If Americans were more informed, such a message would be insulting to our intelligence. There are not enough rich people to satisfy Congress' appetite.
Walter E. Williams
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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
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Multiculturalists argue that different cultural values are morally equivalent. That's nonsense.
Walter E. Williams
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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
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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
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But let me offer you my definition of social justice: I keep what I earn and you keep what you earn. Do you disagree? Well then tell me how much of what I earn belongs to you - and why?
Walter E. Williams