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Search Results for 'walter williams'

The biggest mistake of well-meaning leftists is that they place too much value on good intentions and don’t seem to care nearly as much about good results. Pope Francis is an example of this unfortunate tendency. His concern for the poor presumably is genuine, but he puts ideology above evidence when he argues against capitalism […]

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What’s the relationship between the Rahn Curve and the Laffer Curve? For the uninitiated, the Rahn Curve is the common-sense notion that some government is helpful for prosperous markets but too much government is harmful to economic performance. Even libertarians, for instance, will acknowledge that spending on core “public goods” such as police protection and […]

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I periodically mock the crazy statists of California. The state is almost surely doomed to suffer a Greek-style fiscal chaos. The only unknown is whether Illinois will beat the Golden State into default. The politicians in Sacramento impose very high taxes to fund a bloated bureaucracy that oversees a bunch of politically correct nonsense. But […]

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Since starting this blog, I’ve cited several columns by Walter Williams (see here, here, here, here, here, here, here, here, here, here, here, here, here, here, here, and here), in large part because he’s so good at explaining economic concepts, but also because he’s very effective when demonstrating how big government undermines both freedom and […]

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It isn’t fair to compare and contrast the views of a distinguished economist with the envious ramblings of a career politician/community activist. But it’s also not right for the government to use coercion to impose bad policy, so I don’t feel guilty about sharing this excerpt from a recent Walter Williams column. President Barack Obama, […]

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I’ve been fortunate to know Walter Williams ever since I began my Ph.D. studies at George Mason University in the mid-1980s. He is a very good economist, but his real value is as a public intellectual. He also has a remarkable personal story, which he tells in his new autobiography, Up from the Projects. I’ve […]

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I don’t think I’ve ever promoted a book since starting this blog, but the new autobiography from Walter Williams is too good not to recommend. But don’t believe me. Walter was just interviewed by the Wall Street Journal, and you can get a flavor for his blunt style and crisp analysis. Speaking for myself, I’m […]

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Walter Williams has a column about the House GOP’s commitment to make sure legislation is consistent with the Constitution. As with most things he writes, it is very much worth reading. Walter starts by explaining what Boehner and the rest of the Republicans have promised to do. He then points out that – if they’re […]

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Just because something is free, that doesn’t mean there is no cost. This is the core message of Walter Williams’ column, which uses the example of “employer-paid” Social Security taxes to explain how politicians specialize in giving us very expensive things for “free.”  Scarcity means there’s no free lunch. Having more of one thing requires […]

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With his usual bluntness, Professor Walter Williams of George Mason University explains why profiling is not always a sign of racism or sexism. And it certainly doesn’t necessarily indicate animus. His column explains that rational profiling can lead to injustice for law-abiding young black men, but he hits the nail on the head by stating […]

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I’ve only excerpted three paragraphs, but you should read his entire column. It is very tragic that the vision of liberty put forth by the Founders has been so undermined by modern politicians who swear an oath to the Constitution without having any idea what the document actually says. In 1794, when Congress appropriated $15,000 […]

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I have mixed feelings about the right response to illegal immigration. I don´t favor amnesty because of my respect for the rule of law and because it would encourage more illegal immigration. On the other hand, I certainly do not want law enforcement resources diverted to hassling people who are in America solely in search […]

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Because the looters and moochers in Washington have made a mockery of the Constitution, Professor Williams wonders whether the only solution is for advocates of limited government to split off and create an America based on traditional principles of self reliance and individual freedom: I believe we are nearing a point where there are enough […]

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Walter Williams correctly summarizes what it means to make healthcare a “right.” And he also dusts off that quaint document, long forgotten in Washington, called the U.S. Constitution.

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Back in the 1980s, the irreplaceable Walter Williams produced a documentary based on one of his more controversial books, The State Against Blacks. Someone has done a great service and posted the documentary on Youtube.com. Everything Walter said back then is true today – and just as applicable. The only discordant note is that when […]

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I religiously read just about everything from Thomas Sowell, John Stossel, Walter Williams, Tim Carney, and other libertarian-minded experts But I also make a point to regularly read non-libertarians such as Desmond Lachman, Will Wilkinson, Dalibor Rohac, and Noah Smith even though I sometimes – or even often – disagree with their policy prescriptions. What […]

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As part of my collection of pro-and-con libertarian humor, I’ve shared some images of “Libertarian Jesus.” Libertarian Jesus I Libertarian Jesus II (though I suppose this is actually an example of anti-Libertarian Jesus) Libertarian Jesus III There’s another perspective, of course. Many mainline protestant denominations have very statist political agendas, and there’s a “liberation theology” […]

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By offering all sorts of freebies to various constituencies, Bernie Sanders has positioned himself as the true-believing socialist in the Democratic race (even though he’s actually a member of the “top-1 percent”). But he has plenty of competition. Kamala Harris and Elizabeth Warren are strong competitors in the free-lunch Olympics, and most of the rest […]

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Bernie Sanders is a delusional hard-core statist, but that’s part of what makes him attractive for some voters. Simply stated, they think he’s authentic rather than a finger-in-the-wind politician. But I’m not so sure that’s true. I pointed out in 2015 that he’s not even true to his socialist ideology. Rather than promoting government ownership, […]

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Argentina is a sobering example of how statist policies can turn a rich nation into a poor nation. I’m not exaggerating. After World War II, Argentina was one of the world’s 10-richest nations. But then Juan Peron took power and initiated Argentina’s slide toward big government, which eroded the nation’s competitiveness and hampered growth. Even […]

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While she’s mostly known for radical proposals such as confiscatory tax rates and the Green New Deal, Alexandria Ocasio-Cortez also made waves with recent comments about imposing “democracy” on the economy. In a discussion last year at Ponoma College in California, I explained why majoritarianism is misguided. For all intents and purposes, unchecked democracy gives […]

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California is like France. Both are wonderful places to visit. They’re also great places to live if you’re part of the elite. But neither is the ideal option for ordinary people who want upward mobility. Back in 2016, I shared Census Bureau data showing that income was growing much faster for people in Texas, especially […]

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If you live in Illinois or California and you’re sick and tired of high taxes and crummy government, should you have the freedom to move to a state with no income tax, such as Florida or Texas? The answer is yes (though Walter Williams joked that leftist politicians may start putting up barbed wire fences […]

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In June 2017, I shared an image and made the bold claim that it told us everything we needed to know about government. In July 2017, I shared a story and similarly asserted that it told us everything we needed to know about government. In that grand tradition of rhetorical exaggeration, here’s a court case […]

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To keep with tradition, it’s time to expand my collection of 4th-of-July columns. In 2010, I contemplated the issue of libertarians and patriotism. My view, for what it’s worth, is captured by this t-shirt. In 2011, I pondered research about the partisan implications of patriotism and also created a satirical Declaration of Dependency for my left-wing friends. In 2012, I […]

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On the issue of trade, Donald Trump is wallowing in the swamp of special interest favoritism instead of defending the interests of taxpayers and consumers. He’s wrong on NAFTA. He’s wrong on dealing with China. He’s wrong on steel and aluminum. And it appears that he is determined to be wrong on automobiles. The Administration […]

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I received my Ph.D. from George Mason University in Fairfax, VA, and I have very fond memories of that experience, including interactions with great economists such as James Buchanan and Walter Williams. But not everyone has favorable views of GMU’s market-friendly program. There’s a group, UnKoch My Campus, that pretends to be horrified that the […]

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I almost feel guilty when I criticize the garbled economic thoughts of Pope Francis. After all, he was influenced by Peronist ideology as a youngster, so he was probably a lost cause from the beginning. Moreover, Walter Williams and Thomas Sowell have already dissected his irrational ramblings on economics and explained that free markets are […]

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The good news is that President Trump wants to boost economic growth, which is a laudable goal after the economy’s sub-par performance during the Obama years. The bad news is that he may sabotage his good reforms of tax policy and regulation with protectionism. In a column earlier this month for the Wall Street Journal, […]

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With apologies to Elizabeth Barrett Browning, here’s the opening of the big-business version of Sonnet 43. How do I hate thee, capitalism? Let me count the ways. I hate thee to the depth and breadth and height My soul can reach, for I am big and competition is a threat Better to have bailouts, subsidies, […]

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