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Politicians exploit economic illiteracy.

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
Illiteracy
Exploit
Exploits
Politicians
Politician
Economic

More quotes by Walter E. Williams

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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.
Walter E. Williams
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The reason why the world's leftists give the world' s most horrible murderers a pass is because they sympathize with their socioeconomic goals, which include government ownership and/or control over the means of production. In the U.S., the call is for government control, through regulations, as opposed to ownership.
Walter E. Williams
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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.
Walter E. Williams
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If the Constitution framers would come back today, they would have contempt for most of us.
Walter E. Williams
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The bottom line is that the true test of one's commitment to freedom of association doesn't come when he allows people to associate in ways he approves. The true test of that commitment comes when he allows people to be free to voluntarily associate in ways he deems despicable. Forced association is not freedom of association.
Walter E. Williams
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The public good is promoted best by people pursuing their own private interests. This bothers some people because they're more concerned with motives than with results.
Walter E. Williams
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The framers gave us the Second Amendment not so we could go deer or duck hunting but to give us a modicum of protection against congressional tyranny.
Walter E. Williams
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The founders of our nation feared paper currency because it gave government the means to steal from its citizens.
Walter E. Williams
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The essence of government is force, and most often that force is used to accomplish evil ends.
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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I learned that you have to evaluate the effects of public policy as opposed to intentions.
Walter E. Williams
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Whether we want to own up to it or not, the welfare state has done what Jim Crow, gross discrimination and poverty could not have done. It has contributed to the breakdown of the black family structure and has helped establish a set of values alien to traditional values of high moral standards, hard work and achievement.
Walter E. Williams
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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.
Walter E. Williams
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Profit is vital to human well-being. Profit is the payment to entrepreneurs just as wages are payments to labor, interest to capital and rent to land. In order to earn profits in free markets, entrepreneurs must identify and satisfy human wants and do so in a way that economizes on society's scarce resources.
Walter E. Williams
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The prospects are dim for a society that makes mascots out of the unproductive and condemns the productive.
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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Minimum-wage laws are one of the most powerful tools in the arsenal of racists.
Walter E. Williams
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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
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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
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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