Top 150 Quotes & Sayings by Walter E. Williams - Page 3

Explore popular quotes and sayings by an American economist Walter E. Williams.
Last updated on September 17, 2024.
For black politicians, civil rights organizations and white liberals to support the racist practices of the University of Michigan amounts to no less than a gross betrayal of the civil rights principles of our historic struggle from slavery to the final guarantee of constitutional rights to all Americans. Indeed, it was practices like those of the University of Michigan, but against blacks, that were the focal point of much of the civil rights movement.
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.
Most Americans, who think Congress has a right to do anything for which they can get a majority vote, ignore the clearly written constitutional restraints on Congress.
Politicians have always coveted the liberties we hold. — © Walter E. Williams
Politicians have always coveted the liberties we hold.
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.
"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.
Elect me to office. I will protect and defend the U.S. Constitution. Because there's no constitutional authority for Congress spending on the objects of benevolence, don't expect for me to vote for prescription drugs for the elderly, handouts to farmers and food stamps for the poor. Instead, I'll fight these and other unconstitutional congressional expenditures”? I'll tell you how many votes he'll get: It will be Williams' vote, and that's it.
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.
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.
It is not wise for us to permit a few people on the Federal Reserve Board to have life and death power over our economy. My recommendation for reducing some of that power is to repeal legal tender laws and eliminate all taxes on gold, silver and platinum transactions. That way there would be money substitutes and the government money monopoly would be reduced and hence the ability to tax - some people would say steal from - us through inflation.
Take Washington, D.C., which spends over $10,000 per student for education whose student achievement would be dead last if Mississippi chose to secede from the Union. Suppose Washington gave each parent even a $5,000 voucher - that wouldn't mean less money available per student. To the contrary, holding total education expenditures constant, it'd mean more money per student remaining in public schools.
The War between the States... produced the foundation for the kind of government we have today: consolidated and absolute, based on the unrestrained will of the majority, with force, threats, and intimidation being the order of the day. Today's federal government is considerably at odds with that envisioned by the framers of the Constitution. ... [The War] also laid to rest the great principle enunciated in the Declaration of Independence that 'Governments are instituted among Men, deriving their just powers from the consent of the governed'.
No matter how much of our liberty Washington takes away in the name of security, there are no guarantees that there won't be another terrorist attack. Instead of attacking American liberties, the government ought to go after terrorists in their countries of origin. It should be like what our military attempted during WWII. Don't wait to defend ships against the kamikaze -- bomb the fields where they take off.
One third of the $15 trillion of mortgages in existence in 2008 are owned, or securitized by Fannie Mae, Freddie Mac, Ginnie Mae, the Federal Housing and the Veterans Administration. Wall Street buyers of repackaged loans didn't mind buying risky paper because they assumed that they would be guaranteed by the federal government: read bailout from the taxpayers. Today's housing mess can be laid directly at the feet of Congress and the White House.
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.
In explaining the Constitution, James Madison, the acknowledged father of the Constitution, wrote in Federalist Paper 45: 'The powers delegated by the proposed Constitution to the Federal government are few and defined. Those which are to remain in the State governments are numerous and indefinite. The former will be exercised principally on external objects, as war, peach, negotiation, and foreign commerce.' Has the Constitution been amended to permit Congress to tax, spend and regulate as it pleases or have Americans said, 'To hell with the Constitution'?
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.
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.
How you make it in this world, for the most part, depends more on what you do as opposed to whether people like or dislike you. In order to produce a successful life, one must find ways to please his fellow man. That is, find out what goods and services his fellow man values, and is willing to pay for, and then acquire the necessary skills and education to provide it.
Governments are instituted among Men, deriving their just powers from the consent of the governed
I don't know about you, but if you hear that Williams guns have been taken, you'll know Williams is dead.
It was Thomas Jefferson who said that we should not allow the courts to have a monopoly on the interpretation of what is constitutional and what is not.
The founders of our nation feared paper currency because it gave government the means to steal from its citizens.
Many politicians and pundits claim that the credit crunch and high mortgage foreclosure rate is an example of market failure and want government to step in to bail out creditors and borrowers at the expense of taxpayers who prudently managed their affairs. These financial problems are not market failures but government failure. ... The credit crunch and foreclosure problems are failures of government policy.
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.
If we buy into the notion that somehow property rights are less important, or are in conflict with, human or civil rights, we give the socialists a freer hand to attack our property.
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
According to the Institute for International Economics, trade barriers cost American consumers $80 billion a year or more than $1,200 per family.
There is no question that if one were to ask whether we Americans are moving towards more liberty or more government control over our lives, the answer would unambiguously be the latter - more government control over our lives. We might have reached a point where the trend is irreversible and that is a true tragedy for if liberty is lost in America, it will be lost for all times and all places.
Say that Congress legislates gasoline price controls that sets a maximum price of $1 a gallon. As sure as night follows day, there'd be long lines and gasoline shortages, just as there were in the 1970s. For the average consumer, a $1.60 a gallon selling price and no waiting lines is a darn sight cheaper than a controlled $1 a gallon price plus searching for a gasoline station that has gas and then waiting in line. If your average purchase is 10 gallons, and if an hour or so of your time is worth more that $6, the $1.60 a gallon free market price is cheaper.
Legislators aren't known for being rocket scientists.
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