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Quote by Walter E. Williams

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More Liberty Means Less Government: Our Founders Knew This Well

This book explores the philosophical and historical perspectives of the Founding Fathers regarding the balance between individual freedom and governmental authority. It delves into their beliefs and the principles that shaped the American political system. more

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Walter E. Williams
Walter E. Williams

Walter E. Williams is a distinguished economist born on June 30, 1936. He has made significant contributions to the field of economics, particularly in the areas of free-market theory and racial relations. Professor Williams has taught at several universities and authored several best-selling books, his views and theories have had a profound impact on both academia and the public. more

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“Communism and socialism is [sic] seductive. It promises us that people will contribute according to ability and receive according to needs. Everybody is equal. Everybody has a right to decent housing, decent food and affordable medical care. History should have taught us that when we hear people talk this stuff - watch out!”

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“Try this thought experiment. Pretend you're a tyrant. Among your many liberty-destroying objectives are extermination of blacks, Jews and Catholics. Which would you prefer, a United States with political power centralized in Washington, powerful government agencies with detailed information on Americans and compliant states or power widely dispersed over 50 states, thousands of local jurisdictions and a limited federal government?”

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“How you make it in this world, for the most part, depends more on what you do as opposed to whether people like or dislike you. In order to produce a successful life, one must find ways to please his fellow man. That is, find out what goods and services his fellow man values, and is willing to pay for, and then acquire the necessary skills and education to provide it.”

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“What we call the market is really a democratic process involving millions, and in some markets billions, of people making personal decisions that express their preferences. When you hear someone say that he doesn't trust the market, and wants to replace it with government edicts, he's really calling for a switch from a democratic process to a totalitarian one.”

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“However, if we wish to be compassionate with our fellow man, we must learn to engage in dispassionate analysis. In other words, thinking with our hearts, rather than our brains, is a surefire method to hurt those whom we wish to help.”

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Book:Liberty Versus the Tyranny of Socialism: Controversial Essays
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“Banking was conceived in iniquity and born in sin... Bankers own the Earth. Take it away from them but leave them the power to create money, and, with the flick of a pen, they will create enough money to buy it back again... Take this great power away from them and all the great fortunes like mine will disappear and they ought to disappear, for then this would be a better and happier world to live in... But, if you want to continue to be a slave of the bankers and pay the cost of your own slavery, then let the bankers continue to create money and control credit.”

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