Free Republic

Editor's Note: Walter Williams passed away last Wednesday. You can read our tribute to him here.One of the first lessons in an economics class is every action has a cost. That is in stark contrast to lessons in the political arena where politicians virtually ignore cost and talk about benefits and free stuff. If we look only at the benefits of an action, policy, or program, then we will do anything because there is a benefit to any action, policy, or program. Think about one simple example. The National Highway Traffic Safety Administration estimates that 36,096 Americans lost their lives...

Walter E. Williams, a prominent conservative economist, author and political commentator who expressed profoundly skeptical views of government efforts to aid his fellow African-Americans and other minority groups, died on Tuesday on the campus of George Mason University in Virginia, where he had taught for 40 years. He was 84.His daughter, Devon Williams, said he died suddenly in his car after he had finished teaching a class. She said he had chronic obstructive pulmonary disease and hypertension.As a public intellectual, Mr. Williams moved easily between the classroom and public forums that gave him wide reach. He wrote a syndicated column,...

I learned from Don Boudreaux this morning that Walter Williams died either this morning or last night. For those of you who don’t know, he was a long-time economics professor at George Mason University. I’ll have more to say later but I want to give one appreciation. Walter liked smoking and he also hated the TSA. Some years ago, the combination of no-smoking regs on planes and intrusive groping by the TSA caused him to vow never to fly by commercial airline again. When he received offers to give speeches that were far enough away that driving was infeasible, he...

Devastating news: Walter Williams died last night (or early this morning).