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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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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
Paper
Nation
Feared
Nations
Founders
Means
Steal
Government
Currency
Mean
Stealing
Gave
Citizens
More quotes by Walter E. Williams
Charity is reaching into one's own pockets to assist his fellow man in need. Reaching into someone else's pocket to assist one's fellow man hardly qualifies as charity. When done privately, we deem it theft, and the individual risks jail time.
Walter E. Williams
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
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
I learned that you have to evaluate the effects of public policy as opposed to intentions.
Walter E. Williams
Poverty in Egypt, or anywhere else, is not very difficult to explain. There are three basic causes: People are poor because they cannot produce anything highly valued by others. They can produce things highly valued by others but are hampered or prevented from doing so. Or, they volunteer to be poor.
Walter E. Williams
Wealth comes from successful individual efforts to please one's fellow man ... that's what competition is all about: outpleasing your competitors to win over the consumers.
Walter E. Williams
The message coming out of Washington, especially from our leftist politicians and the news media, is that we solve our budget problems by raising taxes on the rich. If Americans were more informed, such a message would be insulting to our intelligence. There are not enough rich people to satisfy Congress' appetite.
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
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
Preaching doom and gloom has been beneficial to the political class. They use it to gain more power and control.
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
The Founders knew that a democracy would lead to some kind of tyranny. The term democracy appears in none of our Founding documents. Their vision for us was a Republic and limited government.
Walter E. Williams
In keeping Americans ill-educated, ill-informed and constitutionally ignorant, the education establishment has been the politician's major and most faithful partner. It is in this sense that American education can be deemed a success.
Walter E. Williams
Having children is not an act of God. It's not like you're walking down the street and pregnancy strikes you children are a result of a conscious decision. For the most part, female-headed households are the result of short-sighted, self-destructive behavior of one or two people.
Walter E. Williams
An increasing amount of climate research suggests a possibility of global cooling.
Walter E. Williams
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
More important than anything else is for Americans to wise up to class warfare demagoguery and reject the politics of envy.
Walter E. Williams
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
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
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