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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

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The belief that society benefits from destruction is lunacy.
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The difference between a thief and a congressman: When a thief steals your money, he doesn't expect you to thank him.
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Many of the wonderful achievements of the 20th century were the result of the pursuit of profits. Unfortunately, demagoguery has led to profits becoming a dirty word. Nonprofit is seen as more righteous, particularly when people pompously stand before us and declare, 'We're a nonprofit organization.'
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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.
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It was Thomas Jefferson who said that we should not allow the courts to have a monopoly on the interpretation of what is constitutional and what is not.
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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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Democracy gives the aura of legitimacy to acts that would otherwise be considered tyranny.
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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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We should view our government the way we should a friendly, cuddly lion. Just because he's friendly and cuddly shouldn't blind us to the fact that he's still got teeth and claws.
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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.
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You can bet the rent money that whatever politicians do will end up harming consumers. ... Economic ignorance is to politicians what idle hands are to the devil. Both provide the workshop for the creation of evil.
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If our country is to survive and prosper, we must summon the courage to condemn and reject the liberal agenda, and we had better do it soon.
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Powerful government tends to draw into it people with bloated egos, people who think they know more than everyone else and have little hesitance in coercing their fellow man. Or as Nobel Laureate Friedrich Hayek said, in government, the scum rises to the top.
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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.
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Most of the great problems we face are caused by politicians creating solutions to problems they created in the first place.
Walter E. Williams
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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
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Socialism is just another form of tyranny.
Walter E. Williams
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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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If the Constitution framers would come back today, they would have contempt for most of us.
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Politicians have immense power to do harm to the economy. But they have very little power to do good.
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