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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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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
Free
Serving
History
Fellow
Comes
Throughout
Human
Fellows
Plundering
Humans
Wealth
Enslaving
Things
Path
Looting
Men
Wonderful
Pleasing
Greater
Markets

More quotes by Walter E. Williams

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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.
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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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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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
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When it came to the 2000 election, 84 percent of Ivy League faculty voted for Al Gore, 6 percent for Ralph Nader and 9 percent for George Bush. In the general electorate, the vote was split at 48 percent for Gore and Bush, and 3 percent for Nader.
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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Minimum-wage laws are one of the most powerful tools in the arsenal of racists.
Walter E. Williams
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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
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In general, presidents and congressmen have very limited power to do good for the economy and awesome power to do bad. The best good thing that politicians can do for the economy is to stop doing bad. In part, this can be achieved through reducing taxes and economic regulation, and staying out of our lives.
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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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.
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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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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A recent study by David Green and Laura Casper, 'Delay, Denial and Dilution,' written for the London-based Institute of Economic Affairs, concludes that the World Health Organization calculated that Britain has as many as 25,000 unnecessary cancer deaths a year because of under-provision of care.
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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Democracy and liberty are not the same. Democracy is little more than mob rule, while liberty refers to the sovereignty of the individual.
Walter E. Williams
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An increasing amount of climate research suggests a possibility of global cooling.
Walter E. Williams
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Tariff policy beneficiaries are always visible, but its victims are mostly invisible. Politicians love this. The reason is simple: The beneficiaries know for whom to cast their ballots, and the victims don't know whom to blame for their calamity.
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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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.
Walter E. Williams