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Politicians have immense power to do harm to the economy. But they have very little power to do good.
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
Economy
Power
Littles
Little
Good
Immense
Politicians
Harm
Politician
More quotes by 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
I prefer a thief to a Congressman. A thief will take your money and be on his way, but a Congressman will stand there and bore you with the reasons why he took it.
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
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
The idea that even the brightest person or group of bright people, much less the U.S. Congress, can wisely manage an economy has to be the height of arrogance and conceit.
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
I learned that you have to evaluate the effects of public policy as opposed to intentions.
Walter E. Williams
Experts and the educated elite have replaced what worked with what sounded good. Society was far more civilized before they took over our schools, prisons, welfare programs, police departments and courts. It's high time we ran these people out of our lives and went back to common sense.
Walter E. Williams
If you hate my guts and have designs to hurt me, and I see you building a cannon aimed at my house, I am not going to wait for you to finish construction.
Walter E. Williams
Democracy gives the aura of legitimacy to acts that would otherwise be considered tyranny.
Walter E. Williams
Once Congress establishes that one person can live at the expense of another, it pays for everyone to try to do so.
Walter E. Williams
If the Constitution framers would come back today, they would have contempt for most of us.
Walter E. Williams
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
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
Vote for me. I'll use my office to take another American's money and give it to you.
Walter E. Williams
Economic planning is nothing more than the forcible superseding of other people's plans by the powerful elite backed up by the brute force of government.
Walter E. Williams
Trying to get government to be as efficient as business is as hopeless as trying to teach cats to bark and dogs to meow.
Walter E. Williams
I don't know about you, but if you hear that Williams guns have been taken, you'll know Williams is dead.
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
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