Zitate von Walter E. Williams

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Walter E. Williams

Geburtstag: 31. März 1936

Walter Edward Williams is an American economist, commentator, and academic. He is the John M. Olin Distinguished Professor of Economics at George Mason University, as well as a syndicated columnist and author known for his classical liberal and libertarian conservative views. His writings frequently appear on Townhall.com, WND, and Jewish World Review.

Zitate Walter E. Williams

„The point is that whatever price a transaction is transacted at represents a meeting of the mind of both buyer and seller. Both viewed themselves as being better off than the next alternative -- not making the transaction.“

—  Walter E. Williams

1970s, Economics for the Citizen (1978)
Kontext: there's the claim that this or that price is unreasonable. I used to have conversations about this claim with Mrs. Williams early on in our 44-year marriage. She'd return from shopping complaining that stores were charging unreasonable prices. Having aired her complaints, she'd ask me to go out and unload a car trunk loaded with groceries and other items. Having completed the chore, I'd resume our conversation, saying, "Honey, I thought you said the prices were unreasonable. Are you an unreasonable person? Only an unreasonable person would pay unreasonable prices." The long and short of it is that the conversation never went over well, and we both ceased discussions of reasonable or unreasonable prices. The point is that whatever price a transaction is transacted at represents a meeting of the mind of both buyer and seller. Both viewed themselves as being better off than the next alternative -- not making the transaction. That's not to say that the seller wouldn't have found a higher price more pleasing or the buyer wouldn't have been pleased with a lower price.

„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

„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

„In effect, the grocer asks, "Williams, you're demanding that your fellow man, as ranchers and brewers, serve you; what did you do in turn to serve your fellow man?" I say, "I mowed my fellow man’s lawn." The grocer says, "Prove it!" That's when I hand over my certificates of performance -- the $30“

—  Walter E. Williams

Markets, Governments, and the Common Good, speech at Hillsdale College (27 September 2007)
2000s
Kontext: Say that you hire me to mow your lawn and afterwards you pay me $30. What I have earned might be thought of as certificates of performance, i. e. proof that I served you. With these certificates of performance in hand, I visit my grocer and demand 3 pounds of steak and a six-pack of beer that my fellow man produced. In effect, the grocer asks, "Williams, you're demanding that your fellow man, as ranchers and brewers, serve you; what did you do in turn to serve your fellow man?" I say, "I mowed my fellow man’s lawn." The grocer says, "Prove it!" That's when I hand over my certificates of performance -- the $30.

„But I think that the Democrats have been very successful in portraying themselves as the caring people, when if you look at the effects of the Democratic Party on Black people I think it’s horrible, it’s horrendous.“

—  Walter E. Williams

For example, if you ask the question, “In what cities do Blacks live under the worst conditions—in terms of crime, rotten education, poor services,”—these are the very cities that have been run for decades by Democrats. I don’t care whether you are talking about Philadelphia, Washington D.C., Chicago, or Detroit, it’s all been Democrats. And then on top of it, it’s been Black Democrats! That is, again, if you look at where Blacks live under the most horrible conditions, its in cities where a Black is the mayor, a Black is the chief of police and a Black is the superintendent of schools.
"An Interview with Dr. Walter E. Williams" in Free Market Mojo (20 November 2009) http://freemarketmojo.com/?p=4699
2000s

„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
Kontext: 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.

„How does something immoral, when done privately, become moral when it is done collectively?“

—  Walter E. Williams

1980s, All It Takes is Guts: A Minority View (1987)
Kontext: How does something immoral, when done privately, become moral when it is done collectively? Furthermore, does legality establish morality? Slavery was legal; apartheid is legal; Stalinist, Nazi, and Maoist purges were legal. Clearly, the fact of legality does not justify these crimes. Legality, alone, cannot be the talisman of moral people.

„Well then tell me how much of what I earn belongs to you - and why?“

—  Walter E. Williams

1980s, All It Takes is Guts: A Minority View (1987)
Kontext: 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?

„What our nation needs is a separation of “business and state” as it has a separation of “church and state.”“

—  Walter E. Williams

2010s, American Contempt for Liberty (2015)
Kontext: What our nation needs is a separation of “business and state” as it has a separation of “church and state.” That would mean crony capitalism and crony socialism could not survive.

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„It’s government people, not rich people, who have the power to coerce and make our lives miserable.“

—  Walter E. Williams

2010s, American Contempt for Liberty (2015)
Kontext: It’s government people, not rich people, who have the power to coerce and make our lives miserable. Coercive power goes a long way toward explaining political corruption.

„If FDA officials err on the side of over-caution, keeping a safe and effective drug off the market, who's to know? The victims are invisible. For example, neither the Americans who get sick or die from meningitis C this year, nor their loved ones, will know that their illness or death could have been prevented had it not been for errors by FDA officials“

—  Walter E. Williams

FDA: Friend of Foe?
Kontext: If FDA officials err on the side of under-caution in approving an unsafe drug, they are attacked by the media and patient groups, and investigated by Congress. Their victims, sick and dead people, are highly visible. If FDA officials err on the side of over-caution, keeping a safe and effective drug off the market, who's to know? The victims are invisible. For example, neither the Americans who get sick or die from meningitis C this year, nor their loved ones, will know that their illness or death could have been prevented had it not been for errors by FDA officials. It's a no-brainer to figure out which error FDA officials prefer to make.

„Since it's not considered polite, and surely not politically-correct to come out and actually say that greed gets wonderful things done, let me go through a few of the millions of examples of the benefits of people trying to get more for themselves. There's probably widespread agreement that it's a wonderful thing that most of us own cars. Is there anyone who believes that the reason we have cars is because Detroit assembly line workers care about us? It's also wonderful that Texas cattle ranchers make the sacrifices of time and effort caring for steer so that New Yorkers can have beef on their supermarket shelves. It is also wonderful that Idaho potato growers arise early to do back-breaking work in the hot sun to ensure that New Yorkers also have potatoes on their supermarket shelves. Again, is there anyone who believes that ranchers and potato growers, who make these sacrifices, do so because they care about New Yorkers? They might hate New Yorkers. New Yorkers have beef and potatoes because Texas cattle ranchers and Idaho potato growers care about themselves and they want more for themselves. How much steak and potatoes would New Yorkers have if it all depended on human love and kindness? I would feel sorry for New Yorkers. Thinking this way bothers some people because they are more concerned with the motives behind a set of actions rather than the results. This is what Adam Smith, the father of economics, meant in The Wealth of Nations when he said, "It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own interests."“

—  Walter E. Williams

2010s, Markets, Governments, and the Common Good

„Lorem ipsum dolor sit amet, consectetuer adipiscing elit. Etiam egestas wisi a erat. Morbi imperdiet, mauris ac auctor dictum.“

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