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Archive for the ‘Walter E Williams’ Category

Recently John Stossel hosted a show called “Illegal Everything” to discuss the absurdities of America’s current business laws. If you thought starting a business was easy, or that opening up a lemonade stand was legal, watch this: Newcomers should be squeezed out. (Washington Lobbyist)  

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About a month ago, Walter E. Williams wrote an article for The New American in which he points to a common misunderstanding. Many non-economists tend to believe that corporate taxes were actually paid by corporations. In fact, however, taxes are only paid by flesh-and-blood people. In the same way that dogs do not pay dog [...]

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Walter E. Williams on the relationship between government taking care of people and personal liberty. A two-minute video that you should not miss. If you give government the right to take care of people, then government has a right to tell you what to do.

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A brilliant 9-minute course on economics and liberty by Walter E. Williams: We can think of dollars as certificates of performance. [...] And those certificates of performance stand as evidence that I have served my fellow men. Those who would call Pavarotti’s income as unfair and would have government take some of it to give [...]

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Sometimes it is quite astonishing to see how far-reaching economics can help to understand human behavior. Have you ever asked yourself why some people shoot buffaloes for fun, why they do kick-starts only with rental cars, or why they do not care much about maintaining lodgings? Walter E. Williams brilliantly elucidates the role of private [...]

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Brilliant cartoon by Gary Varvel: In case you want somebody to expand on this, here you find another video by Walter E. Williams:

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Another noteworthy comment by Walter E. Williams: If you do it privately, you go to jail. But if you do it through government, you will be seen as a wonderful person. Whether you like his remarks or not, you know his words are right. They highlight that all governmental redistribution is based on coercion. You [...]

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Just as the US Federal Government is close to a default, I have found another great statement by Walter E. Williams talking about the federal debt. For what I see, the rule for what they cut appears to be “look around and see who are the politically weak recipients”. But without deep cuts in welfare [...]

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One of the best 7-minute speeches I have seen so far. Walter E. Williams, professor of economics at George Mason University, summarizes the whole problem of economics and politics in less than ten minutes. His critical remarks do not even spare his own profession: A favorite research project for college professors is to get five [...]

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Talking about utter nonsense, here is another one. Why do doctors, pilots, lawyers, and a great many of other people need licenses in order to be allowed offering their work? You might argue that they have important jobs and someone ought to check their qualifications before they start working. Well, you are pretty much fooled. [...]

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