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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
The prospects are dim for a society that makes mascots out of the unproductive and condemns the productive.
Walter E. Williams
Politicians have immense power to do harm to the economy. But they have very little power to do good.
Walter E. Williams
Reaching into one's own pocket to assist his fellow man is noble and worthy of praise. Reaching into another person's pocket to assist one's fellow man is despicable and worthy of condemnation.
Walter E. Williams
The only organized political party with a Christian vision of morality is the Libertarian Party.
Walter E. Williams
All we have to do now is to inform the public that the payment of social security taxes is voluntary and watch the mass exodus.
Walter E. Williams
The greatest percentage of poverty is found in female-headed households. Over 70 percent of female-headed households are poor. A large percentage of poor people are children (17 percent) fully 85 percent of black children living in poverty reside in a female-headed household.
Walter E. Williams
Whenever there's a tragedy involving gun use, Bill Clinton, Al Gore, the gun-control lobby and the news media seize it as another opportunity to exploit the emotions of uninformed American people for political gain.
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
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?
Walter E. Williams
There are many farm handouts but let's call them what they really are: a form of legalized theft. Essentially, a congressman tells his farm constituency, Vote for me. I'll use my office to take another American's money and give it to you.
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
Increases in money supply are what constitute inflation, and a general rise in prices is the symptom.
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
Students who are alien and hostile to the education process ought to be removed. You say, What will we do with them? I say that's a secondary issue. The first priority is to stop thugs from making education impossible for everyone else.
Walter E. Williams
If one person has a right to something he did not earn, of necessity it requires that another person not have a right to something that he did earn.
Walter E. Williams
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
If you hate my guts and have designs to hurt me, and I see you building a cannon aimed at my house, I am not going to wait for you to finish construction.
Walter E. Williams
Most of the great problems we face are caused by politicians creating solutions to problems they created in the first place.
Walter E. Williams
No human should be coerced by the state to bear the medical expense, or any other expense, for his fellow man. In other words, the forcible use of one person to serve the purposes of another is morally offensive.
Walter E. Williams
If we buy into the notion that somehow property rights are less important, or are in conflict with, human or civil rights, we give the socialists a freer hand to attack our property.
Walter E. Williams