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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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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
Degrees
Diploma
College
Bachelors
High
Credibility
School
Inflation
Much
Grade
Continues
Grades
Degree
Bachelor
More quotes by Walter E. Williams
The true test of one's commitment to liberty and private property rights doesn't come when we permit people to be free to do those voluntary things with which we agree. The true test comes when we permit people to be free to do those voluntary things with which we disagree.
Walter E. Williams
If the States do not have the right to secede, then they have no rights at all.
Walter E. Williams
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
Maybe I'm overly pessimistic, but most of Africa is a continent without much hope for its people... What [Africa] needs, the West cannot give. ...what Africans need is personal liberty...[and] guarantees of private property rights and rule of law.
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
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
Increases in money supply are what constitute inflation, and a general rise in prices is the symptom.
Walter E. Williams
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
More important than anything else is for Americans to wise up to class warfare demagoguery and reject the politics of envy.
Walter E. Williams
Cap and trade is just about the most effective tool for controlling most economic activity short of openly declaring ourselves a communist nation and it's a radical environmentalist's dream come true.
Walter E. Williams
Most of our country's serious problems can be laid at the feet of Congress and the White House and not at capitalism.
Walter E. Williams
If there's a distinct group of Americans who harbor open contempt for constitutional principles and rule of law, it's lawyers, judges and members of Congress.
Walter E. Williams
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
But let me offer you my definition of social justice: I keep what I earn and you keep what you earn. Do you disagree? Well then tell me how much of what I earn belongs to you - and why?
Walter E. Williams
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
Tyrants always condemn and seek to replace the market process with government coercion because tyrants do not trust that people behaving voluntarily will do what the tyrants think they should do.
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
The belief that society benefits from destruction is lunacy.
Walter E. Williams
We will not make inroads into the gun-violence problem until we acknowledge the underlying causes of youth behavior today, compared to yesterday. ... we must come to the realization that laws and regulations alone cannot produce a civilized society. It's morality that is society's first line of defense against uncivilized behavior.
Walter E. Williams
Socialism is just another form of tyranny.
Walter E. Williams
