Walter E. Williams: Person

Walter E. Williams is American economist, commentator, and academic. Explore interesting quotes on person.
Walter E. Williams: 68   quotes 0   likes

“There is no moral argument that justifies using the coercive powers of government to force one person to bear the expense of taking care of another”

Walter E. Williams

Liberty vs Socialism
Context: There is no moral argument that justifies using the coercive powers of government to force one person to bear the expense of taking care of another. If that person is too resolute in his refusal to do so, what is the case for imposing fines, imprisonment or death? You say, "Death! Aren't you exaggerating, Williams?" Say he tells the agents of Congress that he'll pay his share of the constitutionally mandated functions of government but refuse to pay the health costs of a sick obese person or a cyclist who becomes a vegetable, what do you think the likely course of events will be? First, he'd be threatened with fines, imprisonment or property confiscation. Refusal to give in to these government sanctions would ultimately lead to his being shot by the agents of Congress.

Personality

“Three-fifths to two-thirds of the federal budget consists of taking property from one American and giving it to another. Were a private person to do the same thing, we'd call it theft.”

Walter E. Williams

When government does it, we euphemistically call it income redistribution, but that's exactly what thieves do -- redistribute income. Income redistribution not only betrays the founders' vision, it's a sin in the eyes of God.
On Bogus Right http://econfaculty.gmu.edu/wew/articles/06/bogus.html (8 February 2006)
2000s

Personality

“This is why socialism is evil. It employs evil means, coercion or taking the property of one person, to accomplish good ends, helping one's fellow man.”

Walter E. Williams

Helping one's fellow man in need, by reaching into one's own pockets, is a laudable and praiseworthy goal. Doing the same through coercion and reaching into another's pockets has no redeeming features and is worthy of condemnation.
Evil Concealed by Money, 19 November 2008
2000s

Evil , Help , Personality

“Despite the miracles of capitalism, it doesn't do well in popularity polls. One of the reasons is that capitalism is always evaluated against the non-existent, non-realizable utopias of socialism or communism. Any earthly system, when compared to a Utopia will pale in comparison. But for the ordinary person, capitalism, with all of its warts, is superior to any system yet devised to deal with our everyday needs and desires.”

Walter E. Williams

2010s, Markets, Governments, and the Common Good

Communication , Personality

“I personally believe that economics is fun and valuable. People who say they found it a nightmare in college just didn't have a good teacher-professor. I became a good teacher-professor as a result of tenacious mentors during my graduate study at UCLA. Professor Armen Alchian, a very distinguished economist, used to give me a hard time in class. But one day, we were having a friendly chat during our department's weekly faculty/graduate student coffee hour, and he said, "Williams, the true test of whether someone understands his subject is whether he can explain it to someone who doesn't know a darn thing about it."”

Walter E. Williams

That's a challenge I love: making economics fun and understandable.
1970s, Economics for the Citizen (1978)

Love , People , Coffee , Understanding

“Most people agree that slavery is immoral. But what makes it so? Slavery denies a person the right to use his property (body) and the fruits of his labor the way he sees fit. Slavery forcibly uses one person to serve the purposes of another. Tragically, most Americans, including blacks, whose ancestors have suffered from gross property right violations, think it quite proper that one person be forcibly used to serve the purposes of another.”

Walter E. Williams

2010s, Markets, Governments, and the Common Good

People , Way , Thinking , Suffering

“Philosopher Johann Wolfgang von Goethe explained that “no one is as hopelessly enslaved as the person who thinks he’s free.” That’s becoming an apt description for Americans who are oblivious to—or ignorant of—the liberties we’ve lost.”

Walter E. Williams

2010s, American Contempt for Liberty (2015)

Thinking , Personality

“At the beginning of each semester, I tell students that my economic theory course will deal with positive, non-normative economic theory. I also tell them that if they hear me making a normative statement without first saying, "In my opinion," they are to raise their hands and say, "Professor Williams, we didn't take this class to be indoctrinated with your personal opinions passed off as economic theory; that's academic dishonesty." I also tell them that as soon as they hear me say, "In my opinion," they can stop taking notes because my opinion is irrelevant to the subject of the class -- economic theory. Another part of this particular lecture to my students is that by no means do I suggest that they purge their vocabulary of normative or subjective statements. Such statements are useful tools for tricking people into doing what you want them to do. You tell your father that you need a cell phone and he should buy you one. There's no evidence whatsoever that you need a cell phone. After all, George Washington managed to lead our nation to defeat Great Britain, the mightiest nation on Earth at the time, without owning a cell phone.”

Walter E. Williams

1970s, Economics for the Citizen (1978)

People , Time , Parting , Personality

“A resource allocation method that requires that I serve my fellow man in order to have a claim on what he produces is far more moral than government resource allocation. The government can offer, justifying it with one reason or another, "Williams, you don't have to serve your fellow man in order to have a claim on what he produces. Through the tax code, we'll take what he produces and give it to you." Of course, if I were to privately take what my fellow man produced, we'd call it theft. The only difference is when the government does it, that theft is legal but nonetheless theft — the taking of one person's rightful property to give to another.”

Walter E. Williams

2010s, Markets, Governments, and the Common Good

Personality