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

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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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Saying the Constitution is a living document is the same as saying we don't have a Constitution.
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Legislators aren't known for being rocket scientists.
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If the States do not have the right to secede, then they have no rights at all.
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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.
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Communism and socialism is [sic] seductive. It promises us that people will contribute according to ability and receive according to needs. Everybody is equal. Everybody has a right to decent housing, decent food and affordable medical care. History should have taught us that when we hear people talk this stuff - watch out!
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Recent school shootings have lured ill-informed Americans into a war on our Second Amendment guarantees, led by the nation's tyrants and their useful idiots. ... The Second Amendment was given to us as protection against tyranny by the federal government and the Congress of the United States.
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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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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.
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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.
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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.'
Walter E. Williams
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Minimum-wage laws are one of the most powerful tools in the arsenal of racists.
Walter E. Williams
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Government schools can go for decades delivering low-quality services, and what's the result? The people who manage it earn higher pay. It's nearly impossible to fire the incompetents. And, taxpayers, who support the service, are given higher tax bills.
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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I learned that you have to evaluate the effects of public policy as opposed to intentions.
Walter E. Williams
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The belief that society benefits from destruction is lunacy.
Walter E. Williams
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Governments are instituted among Men, deriving their just powers from the consent of the governed
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.
Walter E. Williams
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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.
Walter E. Williams
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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.
Walter E. Williams