Walter Williams: Difference between revisions
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[https://walterewilliams.com Walter Edward Williams] was an American economist, commentator, and academic. Williams was the John M. Olin Distinguished Professor of Economics at George Mason University, as well as a syndicated columnist and author. | [https://walterewilliams.com Walter Edward Williams] was an American economist, commentator, and academic. Williams was the John M. Olin Distinguished Professor of Economics at George Mason University, as well as a syndicated columnist and author. | ||
"Charity is reaching into one's own pockets to assist his fellow man in need. Reaching into someone else's pocket to assist one's fellow man hardly qualifies as charity. When done privately, we deem it theft, and the individual risks jail time." Walter E. Williams: ''[https://www.deseret.com/2005/2/9/19876214/walter-e-williams-charity-is-not-a-function-of-the-u-s-government Charity is not a function of the U.S. government]''. | <blockquote> | ||
"[[Charity]] is reaching into one's own pockets to assist his fellow man in need. Reaching into someone else's pocket to assist one's fellow man hardly qualifies as charity. When done privately, we deem it theft, and the individual risks jail time." [[Walter Williams|Walter E. Williams]]: ''[https://www.deseret.com/2005/2/9/19876214/walter-e-williams-charity-is-not-a-function-of-the-u-s-government Charity is not a function of the U.S. government]''. | |||
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"Most of the great problems we face are caused by politicians creating solutions to problems they created in the first place." Walter E. Williams | "Most of the great problems we face are caused by politicians creating solutions to problems they created in the first place." Walter E. Williams |
Revision as of 13:19, 27 October 2023
Walter E. Williams
American economist, commentator, and academic (1936-2020) Walter Edward Williams was an American economist, commentator, and academic. Williams was the John M. Olin Distinguished Professor of Economics at George Mason University, as well as a syndicated columnist and author.
"Charity is reaching into one's own pockets to assist his fellow man in need. Reaching into someone else's pocket to assist one's fellow man hardly qualifies as charity. When done privately, we deem it theft, and the individual risks jail time." Walter E. Williams: Charity is not a function of the U.S. government.
"Most of the great problems we face are caused by politicians creating solutions to problems they created in the first place." 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
"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
"Prior to capitalism, the way people amassed great wealth was by looting, plundering and enslaving their fellow man. Capitalism made it possible to become wealthy by serving your fellow man." Walter E. Williams
"When the history of the 20th century is finally written, one of its key features will be the wanton slaughter of more than 170 million people, not in war, but by their own government. The governments that led in this slaughter are the former USSR (65 million) and the Peoples Republic of China (35-40 million). The point to remember is that these governments were the idols of America's leftists. Part of the reason for these and other tyrannical successes was because the people were first disarmed." Walter E. Williams
"Preaching doom and gloom has been beneficial to the political class. They use it to gain more power and control." Walter E. Williams Doom And Gloom, Class, Political Walter E. Williams (2013). “Liberty Versus the Tyranny of Socialism: Controversial Essays”, p.91, Hoover Press
"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
There is no real purpose included in the concept of capitalism.
Capitalism is said to be merely an economic system where the means of production, mostly your labor, belongs to the individual. The individual can use that right to what is produced or gathered for whatever purpose they want or desire, good or bad, moral and immoral, as long as they do not infringe on the rights of others.