Keyword: walterwilliams

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  • Walter Williams: Minimum wage hurts black youth

    12/16/2009 4:06:03 PM PST · by george76 · 9 replies · 385+ views
    Orange County Register ^ | December 16, 2009 | WALTER E. WILLIAMS
    the devastating effects of minimum wage laws ... Today's overall teenage (16-19) unemployment rate, at 25 percent, is the highest since World War II. Black teenage unemployment, at 50 percent, is also the highest since World War II. How do you think the Reverends Jackson and Sharpton would explain the unemployment difference between black and white teens? You can bet the rent money they would say: It's racial discrimination. Let's investigate. Was racial discrimination in 1948 greater or less than racial discrimination today? In 1948, the unemployment rate for white 16-17 year olds was 10.2 percent while that for blacks...
  • We've Been Had

    12/09/2009 3:42:39 AM PST · by Kaslin · 7 replies · 795+ views
    Townhall.com ^ | December 9, 2009 | Walter E. Williams
    Last year, my column "Global Warming Rope-A-Dope" (12/24/08) started out: "Americans have been rope-a-doped into believing that global warming is going to destroy the planet. Scientists who have been skeptical about manmade global warming have been called traitors or handmaidens of big oil." New evidence proves that climatologists and environmental policy advocates have not only fed us lies, engaged in scientific and academic fraud but committed criminal acts as well. Last month, Russian computer hackers obtained thousands of e-mails from the Climate Research Unit (CRU) at the University of East Anglia (UEA) in England. CRU has the world's largest temperature...
  • From Meccania to Atlantis - Part 11: Mugged by Reality

    11/02/2009 6:27:10 AM PST · by ihatedemocrats · 2 replies · 133+ views
    The Brussels Journal ^ | Thu, 2009-05-14 22:50 | Takuan Seiyo
    The grand Body Snatcher project of erasing race-ethnicity-religion-culture-gender distinctions does not, of course, erase them. It merely, in the manner of a babbling baby, starts calling da-da what was previously doo-doo, as if through this onomatopaeic transfiguration shift [mother] could be turned into father. This would be a joke, were the Snatchers not in control of the West and its destiny. Because they are, real doo-doo is being packaged as Fatherland’s Wonderful Joy of Diversity, and we eat it. Literally. There have been several known cases of jihad-by-feces (hat tip Atlas Shrugs). The latest is Sahnoun Daifallah, 42, an Algerian...
  • Why America is exceptional

    10/21/2009 7:36:53 PM PDT · by 50cal Smokepole · 2 replies · 302+ views
    WND ^ | October 21, 2009 | Walter E. Williams
    Americans are harder workers, more philanthropic, individualistic, self-reliant, anti-government than people in most other countries. We've turned what was an 18th-century Third World nation into the freest and most prosperous nation in mankind's entire history. Throughout our history, the United States has been a magnet for immigrants around the world. What accounts for what some have called American exceptionalism? We Americans, as human beings, are no different from any other people, including Germans, Russians, Chinese, Africans and other people who have produced tyrannical regimes such as those of Hitler, Stalin, Mao and Idi Amin. As such we are just as...
  • American Idea

    10/21/2009 6:24:35 PM PDT · by TopQuark · 11 replies · 322+ views
    http://www.JewishWorldReview.com ^ | 10/21/2009 | Walter Williams
    Americans are harder workers, more philanthropic, individualistic, self-reliant, anti-government than people in most other countries. We've turned what was an 18th-century Third World nation into the freest and most prosperous nation in mankind's entire history. Throughout our history, United States has been a magnet for immigrants around the world. What accounts for what some have called American exceptionalism? We Americans, as human beings, are no different from any other people, including Germans, Russians, Chinese, Africans and other people who have produced tyrannical regimes such as those of Hitler, Stalin, Mao and Idi Amin. As such we are just as capable...
  • Lying Propaganda

    09/23/2009 4:19:44 AM PDT · by Kaslin · 12 replies · 556+ views
    Townhall.com ^ | September 23, 2009 | Walter E. Williams
    Michael Moore's new film, "Capitalism: A Love Story" will be released next month. I've neither seen nor read reviews of the film, except for a short piece in the London Telegraph (9/6/09) titled "Michael Moore film calls capitalism evil." Aware of Michael Moore's previous films, I know that it will be at best a misleading story about capitalism. So let's do some defensive mental preparation, not about the film but what is and what is not capitalism. Capitalism is an economic system characterized by private ownership and control over the means of production. The distribution of goods and services and...
  • Understanding The Inflation In The Pipeline (by Walter E. Williams)

    09/09/2009 5:55:11 PM PDT · by Kaslin · 15 replies · 825+ views
    IBD Editorials ^ | September 9, 2009 | WALTER E. WILLIAMS
    With the massive increases in federal spending, inflation is one of the risks that await us. To protect us from the political demagoguery that will accompany that inflation, let's now decide what is and what is not inflation. One price or several prices rising is not inflation. Increases in money supply are what constitute inflation, and a general rise in prices is the symptom. As the late Nobel laureate professor Milton Friedman said, "Inflation is always and everywhere a monetary phenomenon, in the sense that it cannot occur without a more rapid increase in the quantity of money than in...
  • RUSH IN A HURRY -- Dr. Walter E. Williams & The Best of Rush

    09/04/2009 7:44:31 PM PDT · by GOP_Lady · 20 replies · 1,037+ views
    RushLimbaugh.com ^ | 09-04-09 | Rush Limbaugh
    On Today's Show... September 4, 2009   The EIB Network will Carry a Best of Rush Show on Monday. Rush Returns on Tuesday.   Dr. Walter E. Williams guest hosted while Rush hit the links. Dr. Williams' Stack of Stuff is right here -- and you can listen to his whole show in the Rush 24/7 Audio Archives. » Dr. Williams' New Book: Liberty Versus the Tyranny of Socialism: Controversial Essays   A Dr. Williams Monologue: Health Care and the Constitution  "Is it permissible under the United States Constitution for the federal government to be involved in health care? Where is their authority?...
  • What Will They Learn For Your $50,000?

    08/31/2009 6:05:24 PM PDT · by Kaslin · 19 replies · 932+ views
    IBD Editorials ^ | August 31, 2009 | WALTER E. WILLIAMS
    When parents plunk down $20,000, $30,000, $40,000 and maybe $50,000 this fall for a year's worth of college room, board and tuition, it might be relevant to ask: What will their children learn in return? The American Council of Trustees and Alumni (ACTA) ask that question in their recently released publication, "What Will They Learn: A Report on the General Education Requirements at 100 of the Nation's Leading Colleges and Universities." ACTA conducted research to see whether 100 major institutions require seven key subjects: English composition, literature, foreign language, U.S. government or history, economics, mathematics and science. What ACTA found...
  • The Law

    08/28/2009 12:02:26 AM PDT · by ReadTheLaw · 7 replies · 576+ views
    The Foundation for Economic Education, Inc 107 page PDF file ^ | 1850 | Frederic Bastiat (Foreword by Walter E. Williams Introduction by Richard Ebeling)
    (Excerpts from the introduction) I must have been forty years old before reading Frederic Bastiat's classic The Law. An anonymous person, to whom I shall eternally be in debt, mailed me an unsolicited copy. Reading Bastiat made me keenly aware of all the time wasted, along with the frustrations of going down one blind alley after another organizing my philosophy of life. "The Law" ... created order in my thinking about liberty and just human conduct. Bastiat's greatest contribution is that he took the discourse out of the ivory tower and made ideas on liberty so clear that even the...
  • What Will They Learn?

    08/26/2009 4:08:32 AM PDT · by Kaslin · 5 replies · 576+ views
    Townhall.com ^ | August 26, 2009 | Walter E. Williams
    When parents plunk down $20, $30, $40 and maybe $50 thousand this fall for a year's worth of college room, board and tuition, it might be relevant to ask: What will their children learn in return? The American Council of Trustees and Alumni (ACTA) ask that question in their recently released publication, "What Will They Learn: A Report on the General Education Requirements at 100 of the Nation's Leading Colleges and Universities." ACTA conducted research to see whether 100 major institutions require seven key subjects: English composition, literature, foreign language, U.S. government or history, economics, mathematics and science. What ACTA...
  • Is Racial Profiling Racist?

    08/19/2009 4:59:38 AM PDT · by Kaslin · 16 replies · 664+ views
    Townhall.com ^ | August 19, 2009 | Walter E. Williams
    Harvard Professor Henry Gates' arrest has given new life to the issue of racial profiling. We can think of profiling in general as a practice where people use an observable or known physical attribute as a proxy or estimator of some other unobservable or unknown attribute. Race or sex profiling is simply the use of race or sex as that estimator. Profiling represents mankind's attempt to cope with information cost. God would not have to profile since God is all knowing. People differ by race and sex. Let's look at a few profiling examples to see which ones you'd like...
  • Americans have given their self-ownership to the government

    08/11/2009 9:24:03 PM PDT · by smokingfrog · 6 replies · 435+ views
    gastongazette.com ^ | August 11, 2009 | Walter E. Williams
    “No one has a right to harm another.” Just a little thought, along with a few examples, would demonstrate that blanket statement as pure nonsense. Suppose there is a beautiful lady that both Jim and Bob are pursuing. If Jim wins her hand, Bob is harmed. By the same token, if Bob wins her hand, Jim is harmed. Whose harm is more important and should the beautiful lady be permitted to harm either Bob or Jim are nonsense questions. During the 1970s, when Hewlett-Packard and Texas Instruments came out with scientific calculators, great harm was suffered by slide rule manufacturers...
  • Who May Harm Whom?

    08/05/2009 4:20:39 AM PDT · by Kaslin · 5 replies · 461+ views
    Townhall.com ^ | August 5, 2009 | Walter E. Williams
    "No one has a right to harm another." Just a little thought, along with a few examples, would demonstrate that blanket statement as pure nonsense. Suppose there is a beautiful lady that both Jim and Bob are pursuing. If Jim wins her hand, Bob is harmed. By the same token, if Bob wins her hand, Jim is harmed. Whose harm is more important and should the beautiful lady be permitted to harm either Bob or Jim are nonsense questions. During the 1970s, when Hewlett-Packard and Texas Instruments came out with scientific calculators, great harm was suffered by slide rule manufacturers...
  • Jesse Lee Peterson Radio Show Live Thread, July 3rd...Paul Anderson Guest Hosting...

    07/02/2009 8:16:09 PM PDT · by abigail2 · 7 replies · 297+ views
    BOND Action, Inc. ^ | July 3, 2009 | abigail2
    LISTEN TO THE REAL REVEREND JESSE ON THE INTERNET OR A RADIO STATION IN YOUR AREA......BOND Action, Inc...Educating, Motivating and Rallying Americans! The Jesse Lee Peterson Radio Show Streamed live online from 6-9 a.m. PST / 9-12 a.m. EST. Call in the same times usually. For Live Questions or Comments Call 1-888-77-JESSE(5-3773) You can email comments and questions to radio@bondaction.org For more information on getting The Jesse Lee Peterson Show picked up on a station in your local area call Ermias Alemayehu at 1-877-WE ACT77 (932-2877)
  • Why a Bill of Rights?

    07/01/2009 10:44:06 AM PDT · by Turret Gunner A20 · 48 replies · 1,011+ views
    Townhall.com ^ | July 1, 2009 | Walter E. Williams
    Why did the founders of our nation give us the Bill of Rights? The answer is easy. They knew Congress could not be trusted with our God-given rights. Think about it. Why in the world would they have written the First Amendment prohibiting Congress from enacting any law that abridges freedom of speech and the press? The answer is that in the absence of such a limitation Congress would abridge free speech and free press. That same distrust of Congress explains the other amendments found in our Bill of Rights protecting rights such as our rights to property, fair trial...
  • The Viciousness Of Academic Liberals

    06/23/2009 6:07:39 PM PDT · by Kaslin · 28 replies · 1,539+ views
    IBD Editorials ^ | June 23, 2009 | WALTER E. WILLIAMS
    Ward Connerly, former University of California regent, has an article, "Study, Study, Study — A Bad Career Move" in the June 2, 2009, edition of Minding the Campus that should raise any decent American's level of disgust for what's routinely practiced at most of our universities. Mr. Connerly tells of a conversation he had with a high-ranking UC administrator about a proposal that the administrator was developing to increase campus diversity. Connerly asked the administrator why he considered it important to tinker with admissions instead of just letting the chips fall where they may. His response was that unless the...
  • Americans Love Government

    06/10/2009 3:21:36 AM PDT · by Kaslin · 11 replies · 706+ views
    Townhall.com ^ | June 10, 2009 | Walter E. Williams
    Philosopher Bertrand Russell suggested that "Men are born ignorant, not stupid. They are made stupid by education." And, it was Albert Einstein who explained, "Insanity: doing the same thing over and over again and expecting different results." So which is it -- stupidity, ignorance or insanity -- that explains the behavior of my fellow Americans who call for greater government involvement in our lives? According to latest Rasmussen Reports, 30 percent of Americans believe congressmen are corrupt. Last year, Congress' approval rating fell to 9 percent, its lowest in history. If the average American were asked his opinion of congressmen,...
  • Parting Company

    05/17/2009 5:02:51 AM PDT · by BnBlFlag · 67 replies · 2,135+ views
    Creator's Syndicate ^ | May 17,2009 | Walter Williams
    Sunday, May 17, 2009 | 4:34 a.m. Parting Company Law vs. Moral Values A civilized society's first line of defense is not the law, police and courts but customs, traditions and moral values. Behavioral norms, mostly transmitted by example, word of mouth and religious teachings, represent a body of wisdom distilled over … Democracy and Majority Rule Democracy and majority rule give an aura of legitimacy to acts that would otherwise be deemed tyranny. Think about it. How many decisions in our day-to-day lives would we like to be made through majority rule or the democratic process? How about …...
  • WILLIAMS: Democracy and majority rule? Constitutional barriers to tyranny by another name

    04/18/2009 2:14:13 AM PDT · by Scanian · 23 replies · 765+ views
    The Washington Times ^ | April 18, 2009 | Walter E. Williams
    Democracy and majority rule give an aura of legitimacy to acts that otherwise would be deemed tyranny. Think about it. How many decisions in our day-to-day lives would we like to have made through majority rule or the democratic process? How about the decision whether you should watch a football game on television or "Law & Order"? What about whether you drive a Chevrolet or a Ford, or whether your Easter dinner was turkey or ham? Were such decisions made in the political arena, most of us would deem it tyranny. Why isn't it also tyranny for the democratic process...
  • What's discrimination?

    04/05/2009 5:44:37 PM PDT · by ReformationFan · 15 replies · 815+ views
    Jewish World Review ^ | Sept. 6, 2006 | Walter Williams
    There's so much confusion and emotionalism about discrimination that I thought I'd take a stab at a dispassionate analysis. Discrimination is simply the act of choice. When we choose Bordeaux wine, we discriminate against Burgundy wine. When I married Mrs. Williams, I discriminated against other women. Even though I occasionally think about equal opportunity, Mrs. Williams demands continued discrimination. You say, "Williams, such discrimination doesn't harm anyone." You're wrong. Discriminating in favor of Bordeaux wine reduces the value of resources held in Burgundy production. Discriminating in favor of Mrs. Williams harmed other women by reducing their opportunity set, assuming I'm...
  • Our Problem is Immorality

    04/02/2009 4:51:06 AM PDT · by Scanian · 90 replies · 1,668+ views
    Townhall.com ^ | April 01, 2009 | Walter E. Williams
    Most of our nation's great problems, including our economic problems, have as their root decaying moral values. Whether we have the stomach to own up to it or not, we have become an immoral people left with little more than the pretense of morality. You say, "That's a pretty heavy charge, Williams. You'd better be prepared to back it up with evidence!" I'll try with a few questions for you to answer. Do you believe that it is moral and just for one person to be forcibly used to serve the purposes of another? And, if that person does not...
  • Prosperity Lost

    03/17/2009 11:25:08 PM PDT · by Scanian · 2 replies · 429+ views
    Townhall.com ^ | March 18, 2009 | Walter E Williams
    Ask the average person which is the correct answer to the following question: Which president gave the biggest tax cuts for the rich -- Reagan or Bush? I would bet the rent money that you would not get the correct response, which is: Presidents have no taxing authority. Article I, Section 8 of the U.S. Constitution says: "The Congress shall have power to lay and collect taxes, duties, imposts and excises." I know that many politicians and news media people read my column. How do we characterize them if they continue to speak of presidents cutting or raising taxes? Another...
  • Real Americans Defending Caplitalism: Rush Limbaugh

    03/17/2009 5:22:19 PM PDT · by writer33 · 30 replies · 969+ views
    Elective Decisions ^ | 3/17/09 | Chris Davis
    Denver, CO—It has been more than five years since I wrote the essay, “Rush Limbaugh Is The Passion,” more than five years since Roy Black’s appearance on Hannity & Colmes. In that essay, I boldly claimed that he was the passion of conservatism, a fire that burned through liberalism and shook the very foundations of their belief system. I asserted that he was the very pulse, bounding through the heart of a thriving nation, executing their lies and boldly asserting daily doses of conservative truth—“The Passion.” He superseded the intellectual elite, and transcended them, galvanizing the conservative movement while educating...
  • Good Ideas

    03/11/2009 4:50:29 AM PDT · by Kaslin · 18 replies · 607+ views
    IBD Editorials ^ | March 7, 2009 | Walter E. Williams
    During winter months, I work out 10 minutes on the treadmill and lift weights at seven stations four mornings a week. Over the years, during the spring through fall months, I racked up about 2,000 miles on my road bike. This level of exercise helps account for why, at 73 years, I'm in such good health and physical fitness. So my question to you is whether you think regular exercise is a good idea. I think the answer is definitely yes, if nothing other than its beneficial effects on health care costs. Since exercise is a good idea, would you...
  • Sweden's Government Health Care (Walter Williams fires away..)

    03/03/2009 10:57:35 PM PST · by pissant · 51 replies · 1,901+ views
    Townhall ^ | 3/3/09 | Walter Williams
    Government health care advocates used to sing the praises of Britain's National Health Service (NHS). That's until its poor delivery of health care services became known. 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 NHS health care services are just about the worst in the developed world. The head of the World Health Organization calculated that Britain has as many as 25,000 unnecessary cancer deaths a year because of under-provision of care. Twelve percent of specialists surveyed admitted refusing kidney dialysis to patients suffering...
  • Its Time To Part Company

    02/21/2009 2:13:57 PM PST · by B.O. Plenty · 28 replies · 1,338+ views
    Walter E. Williams ^ | Sept 8, 2000 | Walter E Williams
    It's Time To Part Company One political question we have to answer is whether George W. Bush or Albert Gore shall be president and just which party will control the House of Representatives and the Senate. But I'd suggest that there's a far more important long run question we must answer: If one group of people prefers government control and management of people's lives and another prefers liberty and a desire to be left alone, should they be required to fight, antagonize one another, risk bloodshed and loss of life in order to impose their preferences or should they be...
  • The Hell With Our Constitution

    02/16/2009 11:51:57 AM PST · by FromLori · 6 replies · 411+ views
    CNS news ^ | 2/16/09 | Walter E. Williams
    Dr. Robert Higgs, senior fellow at the Oakland-based Independent Institute, penned an article in The Christian Science Monitor (2/9/2009) that suggests the most intelligent recommendation that I’ve read to fix our current economic mess. The title of his article gives his recommendation away: “Instead of stimulus, do nothing—seriously.” Stimulus package debate is over how much money should be spent, whether some should given to the National Endowment for the Arts, research sexually transmitted diseases or bail out Amtrak, our failing railroad system. Dr. Higgs says, “Hardly anyone, however, is asking the most important question: Should the federal government be doing...
  • Walter Williams on the “Stimulus Ribbate”

    02/11/2009 4:24:50 AM PST · by Halfmanhalfamazing · 11 replies · 924+ views
    Random Nuclear Strikes ^ | January 31st | Walter Williams
    It’s like taking a bucket of water from the deep end of a pool and dumping it into the shallow end. Funny thing—the water in the shallow end doesn’t get any deeper.
  • Economic stupidity

    02/08/2009 10:56:27 AM PST · by NonValueAdded · 32 replies · 1,598+ views
    Townhall.com ^ | May 1, 2003 | Walter E Williams
    Imagine that you and I are in a rowboat. I commit the stupid act of shooting a hole in my end of the boat. Would it be intelligent for you to respond by shooting a hole in your end of the boat? [snip to fit the excerpt rule; read the full article. NVA] Both of these scenarios are applicable to the Bush administration's 30 percent steel tariffs imposed last year. Those tariffs caused the domestic price for some steel products, such as hot-rolled steel, to rise by as much as 40 percent. The clear beneficiaries of the Bush steel tariffs...
  • Rich People Versus Politicians

    01/07/2009 7:32:38 AM PST · by Kaslin · 5 replies · 596+ views
    Townhall.com ^ | January 7, 2009 | Walter E. Williams
    Sometimes I wish there were a humane way to get rid of the rich. Without the rich for whipping boys, we might be able to concentrate on what's best for the 99 and a half percent of the rest of us. Warren Buffett and Bill Gates, with about $60 billion in assets each, are America's richest men. With all that money, what can they force us to do? Can they take our house to make room so that another person can build an auto dealership or a casino parking lot? Can they force us to pay money into the government-run...
  • The NOT Rush Limbaugh LIVE Radio Thread - Wednesday, December 31, 2008 as HOSTED BY WALTER WILLIAMS

    12/31/2008 8:09:41 AM PST · by IMissPresidentReagan · 175 replies · 2,536+ views
    The EIB Network ^ | 12/31/08 | Walter Williams
    Walt Williams hosting today.
  • Avoiding Pitfalls To Straight Thinking

    12/30/2008 6:07:23 PM PST · by Kaslin · 22 replies · 712+ views
    IBD Editorials ^ | December 30, 2008 | Walter E. Williams
    Many professors, mostly on the liberal side of the political spectrum, use their classrooms to proselytize students. I have taught economics for the past 40 years and challenge anyone to find even one student, among the thousands who went through my classes, who can say, "Professor Williams used his class to proselytize students." While acceptable at most universities, it is nothing less than academic dishonesty to do so. Like others, I have my own values and opinions, such as those expressed in some of my nationally syndicated columns. But they never become a part of classroom discussion. Learning how to...
  • The Ignoramus Americus

    12/29/2008 8:54:49 AM PST · by IrishMike · 89 replies · 2,328+ views
    Intellectual Conservative ^ | December 26, 2008 | Selwyn Duke
    I have often written about the ignorance that has resulted from decades of pathetic, dumbed-down parenting and schooling, and, sadly, there's no shortage of material on this subject. There is often a profound difference between morality and legality, and, if this were a just world, a good percentage of the American Left would be tried for treason. If that seems a radical statement, I ask you: What price should be paid for sowing the seeds of your nation's destruction? What should be the punishment for creating millions of people so ignorant, so effete, so corrupted in judgment that they are...
  • We Have Become A Nation Of Thieves

    11/19/2008 6:02:51 PM PST · by Kaslin · 29 replies · 1,009+ views
    IBD Editorials ^ | November 19, 2008 | Walter E. Williams
    Evil acts can be given an aura of moral legitimacy by noble-sounding socialistic expressions such as spreading the wealth, income redistribution or caring for the less fortunate. Let's think about socialism. Imagine there's an elderly widow down the street from you. She has neither the strength to mow her lawn nor enough money to hire someone to do it. Here's my question to you, and I'm almost afraid of the answer: Would you support a government mandate that forces one of your neighbors to mow the lady's lawn each week? If he failed to follow the government orders, would you...
  • Getting Beyond Race (And White Guilt)

    11/12/2008 6:08:40 AM PST · by Kaslin · 17 replies · 694+ views
    IBD Editorials ^ | November 11, 2008 | Walter E. Williams
    Despite the fact that President-elect Barack Obama's vision for our nation leaves a lot to be desired, the fact that he was elected represents a remarkable national achievement. When the War of 1861 ended, neither a former slave nor slave owner would have believed it possible for a black to be elected president in a mere century and a half, if ever. I'm sure that my grandparents, born in the 1880s, or my parents, born in the 1910s, would not have believed it possible for a black to be president, and neither did I for most of my 72 years....
  • Walter Williams’ article: "Political Monopoly Power"

    10/14/2008 8:00:25 PM PDT · by J. E. Quidam · 6 replies · 549+ views
    Capitalism Magazine | Walter Williams
    Conservative commentator Walter Williams has written about the need for more representatives in the U.S. House. He observes that "restricting the number of representatives confers significant monopoly power that goes a long way toward explaining the stranglehold the two parties have and the high incumbent success rates. It might also explain the power of vested interest groups to influence congressional decisions."
  • Destroying Liberty

    09/30/2008 11:12:29 PM PDT · by KMAJ2 · 13 replies · 633+ views
    Walter Williams Website - George Mason University ^ | October 1, 2008 | Walter Williams
    A MINORITY VIEW BY WALTER E. WILLIAMS RELEASE: WEDNESDAY, OCTOBER 1, 2008, AND THEREAFTER Destroying Liberty Supreme Court Justice Louis Brandeis warned, "The greatest dangers to liberty lurk in the insidious encroachment by men of zeal, well meaning but without understanding." The freedom of individuals from compulsion or coercion never was, and is not now, the normal state of human affairs. The normal state for the ordinary person is tyranny, arbitrary control and abuse mainly by their own government. While imperfect in its execution, the founders of our nation sought to make an exception to this ugly part of mankind's...
  • (Walter) Williams: No blank check for bailout .....says he favors a market fix

    09/29/2008 5:36:28 PM PDT · by pissant · 67 replies · 1,363+ views
    Richmomd Times ^ | 9/25/08 | Carol Hazard
    Walter E. Williams, a columnist and economics professor at George Mason University, opposes the government's proposed $700 billion bailout. He would let market forces correct the financial crisis facing the nation. Williams is a member of the board of directors of Media General Inc., parent company of the Richmond Times-Dispatch. He was in Richmond for a board meeting yesterday. Williams talked about the financial crisis and the proposed bailout during an interview yesterday: Q: You recently wrote in a column that Congress' move to bail out lenders and borrowers who made poor decisions will create incentives for more unwise decisions...
  • "It's Time To Part company" (Dr. Walter Williams)

    09/29/2008 5:13:38 PM PDT · by mek1959 · 63 replies · 1,957+ views
    George Mason University ^ | 9/13/00 | Dr. Walter E. Williams
    One political question we have to answer is whether George W. Bush or Albert Gore shall be president and just which party will control the House of Representatives and the Senate. But I'd suggest that there's a far more important long run question we must answer: If one group of people prefers government control and management of people's lives and another prefers liberty and a desire to be left alone, should they be required to fight, antagonize one another, risk bloodshed and loss of life in order to impose their preferences or should they be able to peaceably part company...
  • Scaring Us to Death

    09/25/2008 6:52:13 AM PDT · by IbJensen · 20 replies · 779+ views
    Town Hall ^ | September 24, 2008 | Walter E. Williams
    There is a H.L. Mencken quotation that captures the essence of this year's politics: "The whole aim of practical politics is to keep the populace alarmed, and hence clamorous to be led to safety, by menacing it with an endless series of hobgoblins, all of them imaginary." The media, economic "experts" and both presidential candidates are making bad-talking our economy key features of their campaign messages. For politicians and their hangers-on, keeping the populace alarmed is a strategy to seize more control over our lives. It's so important that Senator John McCain took his economic adviser, former Senator Phil Gramm,...
  • Stubborn Ignorance

    09/17/2008 4:18:48 AM PDT · by Kaslin · 4 replies · 128+ views
    Townhall.com ^ | September 17, 2008 | Walter E. Williams
    Here's what the U.S. Constitution says: "All bills for raising Revenue shall originate in the House of Representatives; but the Senate may propose or concur with Amendments as on other Bills." How many times have we heard politicians, pundits and guardians of our news media say that President Bush cut taxes, or Obama is going to raise taxes? The fact of the matter is that presidents have no power to raise or lower taxes. They can propose tax measures or veto them but it is Congress that has the ultimate power to raise or lower taxes since they can, with...
  • OKLAHOMA REBELLION

    09/02/2008 11:49:53 PM PDT · by ForGod'sSake · 65 replies · 298+ views
    Townhall.com ^ | 07/16/2008 | Walter Williams
    Oklahoma Rebellionby Walter Williams  (July 16, 2008) One of the unappreciated casualties of the War of 1861, erroneously called a Civil War, was its contribution to the erosion of constitutional guarantees of state sovereignty. It settled the issue of secession, making it possible for the federal government to increasingly run roughshod over Ninth and 10th Amendment guarantees. A civil war, by the way, is a struggle where two or more parties try to take over the central government. Confederate President Jefferson Davis no more wanted to take over Washington, D.C., than George Washington wanted to take over London. Both wars are more...
  • Prof. Walter Williams: Is College Worth It ?

    08/27/2008 6:20:40 PM PDT · by SeekAndFind · 91 replies · 667+ views
    Townhall ^ | August 27,2008 | Walter Williams
    As parents pack their youngsters off to college, they might ask themselves whether it's worth both the money they will spend and their children's time. Dr. Marty Nemko has researched that question in an article aptly titled "America's Most Over-rated Product: Higher Education (www.martynemko.com/articles/americas-most-overrated-product-higher-education_id1539)." The U.S. Department of Education statistics show that 76 out of 100 students who graduate in the bottom 40 percent of their high school class do not graduate from college, even if they spend eight and a half years in college. That's even with colleges having dumbed down classes to accommodate such students. Only 23 percent...
  • Economic myths

    08/21/2008 3:05:23 PM PDT · by ThomasHart · 10 replies · 156+ views
    Pitssburgh Tribune-Review ^ | Thursday, August 21, 2008 | Walter Williams
    By taking a couple of courses in economic theory, we could immunize ourselves from nonsense spouted by politicians and pundits. But in the meantime check out professor John R. Lott's "Freedomnomics: Why the Free Market Works and Other Half-Baked Theories Don't." His first chapter, "Are You Getting Ripped Off?," addresses myths about predation where it's sometimes alleged that corporations will charge below-cost prices to bankrupt their rivals and then charge unconscionable prices. There's little or no evidence that corporations would choose predation as strategy; there are too many pitfalls. A major one is that in order to recoup losses from...
  • Some education could immunize us from common economic myths

    08/20/2008 4:33:17 AM PDT · by JohnRLott · 4 replies · 146+ views
    The State Journal (Springfield, Illinois) ^ | Aug 20, 2008 | Walter Williams
    By taking a couple of courses in economic theory, we could immunize ourselves from nonsense spouted by politicians and pundits, but in the meantime check out professor John R. Lott’s “Freedomnomics: Why the Free Market Works.” His first chapter is “Are You Being Ripped Off?” It addresses myths about predation where it’s sometimes alleged that corporations will charge below-cost prices to bankrupt their rivals and then charge unconscionable prices. There’s little or no evidence that corporations would choose predation as strategy; there are too many pitfalls. A major one is that in order to recoup losses from charging low prices...
  • Patterns of Black Excellence

    08/13/2008 4:57:53 AM PDT · by Kaslin · 23 replies · 127+ views
    Townhall.com ^ | August 13, 2008 | Walter E. Williams
    Most people know the tragic state of black education today. We know that billions of dollars are spent on federal government programs such as No Child Left Behind and the billions spent by state and local governments. If you were to ask an education "expert" to explain the tragedy, you'd get answers such as racial discrimination and underfunding. My colleague Dr. Thomas Sowell has written volumes on black education and an article worth reading is one he wrote some years ago in The Public Interest (Spring 1976) and reprinted in his book "Education: Assumptions Versus History." Washington's Paul Laurence Dunbar...
  • A Country At Mercy Of Environmentalists

    07/29/2008 7:23:37 PM PDT · by Kaslin · 17 replies · 161+ views
    IBD Editorials ^ | July 29, 2008 | Walter E. Williams
    Let's face it. The average individual American has little or no clout with Congress and can be safely ignored. But it's a different story with groups such as the Environmental Defense Fund, Sierra Club and Nature Conservancy. When they speak, Congress listens. Unlike the average American, they are well organized, loaded with cash and well positioned to be a disobedient congressman's worse nightmare. Their political and economic success has been a near disaster for our nation. For several decades, environmentalists have managed to get Congress to keep most of our oil resources off-limits to exploration and drilling. They've managed to...
  • Academic fraud in black schools

    07/23/2008 7:12:09 AM PDT · by wintertime · 339 replies · 337+ views
    worldnetdaily.com ^ | Posted: July 23, 2008 | Walter E. Williams, Ph.D.,
    Hard Times at Douglass High," is an HBO documentary that aired last June. It captured much of the 2004-2005 school year at Baltimore's predominantly black Frederick Douglass High School. The tragedy is that what is seen in the documentary is typical of most predominantly black urban schools. Douglass' students are four to five years below grade level. Most of its ninth-graders read at the third-, fourth- or fifth-grade levels. In 2006, only 24 percent of its students tested proficient in reading, in math just 11 percent, and that's an improvement over previous years. Only one student managed to score above...
  • Oklahoma Rebellion

    07/18/2008 8:05:56 AM PDT · by marktwain · 183 replies · 412+ views
    Townhall.com ^ | 16 July, 2008 | Walter E. Williams
    One of the unappreciated casualties of the War of 1861, erroneously called a Civil War, was its contribution to the erosion of constitutional guarantees of state sovereignty. It settled the issue of secession, making it possible for the federal government to increasingly run roughshod over Ninth and 10th Amendment guarantees. A civil war, by the way, is a struggle where two or more parties try to take over the central government. Confederate President Jefferson Davis no more wanted to take over Washington, D.C., than George Washington wanted to take over London. Both wars are more properly described as wars of...