I buy more from my grocer than he buys from me. I buy more from my auto dealer than he buys from me. The trade imbalance doesn’t stop there. My grocer and auto dealer both buy more from their wholesaler than the wholesaler buys from them. These are examples of...
Walter Williams
Walter Williams (March 31, 1936 – December 1, 2020) was an American economist, commentator, academic, and columnist at Capitalism Magazine.
He was the John M. Olin Distinguished Professor of Economics at George Mason University, and a syndicated editorialist for Creator's Syndicate. He is author of Race and Economics: How Much Can Be Blamed on Discrimination?, and numerous other works.
The Legacy of Slavery Hustle
Today, there are increasing numbers of black professionals and scholars advocating reparations for slavery. New York Times staff writer Tamar Lewin, in her June 3 article “Calls for Slavery Reparations Getting Louder,” says that a team of black lawyers...
Inept Teacher Training
American education will never be improved until we address a problem seen as too delicate to discuss. That problem is teacher philosophy and incompetency. If we were serious about efforts to improve public education, we’d shut down schools of education. Why?...
The Rule of Law in America
What should be the characteristics of laws in a free society? Let’s think about baseball rules (laws) as a means to approach this question. Some players, through no fault of their own, hit fewer home runs than others. In order to create baseball justice, how...
Ignorance or Contempt of the U.S. Constitution
Congressmen, presidents and Supreme Court justices take an oath of office swearing to uphold and defend the U.S. Constitution. As if the Constitution itself isn’t clear about what they must do, in Federalist Paper No. 45, James Madison, the acknowledged father...
Black Students as Meal Tickets
THERE’S A STORY about a visitor to an Indian reservation who sees a Bureau of Indian Affairs officer uncontrollably crying. He asks, “Why are you crying?” The officer sobs, “My Indian died.” The officer didn’t give a hoot about the...
Orchestrating Energy Disaster
One needn’t be a rocket scientist to create California’s energy problems. According to the California Energy Commission, from 1996 to 1999 electricity demand, stimulated by a booming economy, grew by 12 percent while supply grew by less than 2 percent....
Basic Economics
Dr. Thomas Sowell has just released his latest treasure — it’s title is “Basic Economics.” Reading through the book reminded me of a 30-plus-year-old conversation I had with Professor Armen Alchian, one of my tenacious mentors during my...
America’s Amnesia
Arthur M. Schlesinger wrote in “The Disuniting of America”: “History is to the nation … as memory is to the individual. An individual deprived of memory becomes disoriented and lost, not knowing where he has been or where he is going, so a...
Virginia State University Tyranny
If we had to single out one American institution that stands at the forefront of modern-day racial discrimination, deception and contempt for fundamental principles of liberty, it would be America’s universities. Under the euphemisms of affirmative action,...
Kids and Guns
Every time there’s a school shooting, there are demands for greater gun control measures that range from longer waiting periods and mandated gun locks to stricter licensing and restricted sales. With all the political posturing and demagoguery that follows, a...
Laws Versus Values
During the ’40s, when I attended primary and secondary school, one didn’t hear of school shootings. Why? Did we have better laws banning guns in and around schools? Or hadn’t guns been invented? Many of today’s youngsters begin the school day...
Demoralizing Young Blacks for the Empowerment of “Black Leaders”
David Bell, Harvard law professor, counseled, “Black people will never gain full equality in this country.” The late columnist Carl Rowan said, “Racism remains a terrible curse on this society, and … nothing in sight suggests that that curse...
Campaign Finance Reform: Wrong Target
SEN. JOHN MCCAIN, R-Ariz., makes a lot of political hay portraying himself as the hero for campaign finance reform and against influence-peddling. He’s for restrictions on the “soft money” millions that flow into the campaign coffers of the...
The Success Side of American Education
It’s generally agreed that American primary, secondary and, increasingly, undergraduate education is a failure. But that assessment depends upon just what evaluation criteria is chosen. By some criteria, American education might be deemed a remarkable success....
South Africa: After Apartheid
A major crusader failing is that they seldom look back to their last crusade to see how it turned out. During my several South Africa visits during its apartheid era, up to three months on one occasion, I lectured at nearly all of its universities. I had the...
Masking Education Fraud with Racist Propaganda in California
Last week, I reported that 73 percent of California State University’s black college freshmen required remedial math and 66 percent required remedial English. In last week’s speech to the American Council on Education, Richard C. Atkinson, president of the...
Reparations for Slavery Arguments are Loaded with Contradictions
Johnny Cochran and a group of successful trial lawyers plan to bring class-action suits against the federal government and some private companies they say profited from slavery. Rep. John Conyers, D-Mich., has already introduced HR 40, titled “Commission to...
In Search of…Civil Rights Violations
Racial charges by many black politicians, civil-rights spokesmen, self-appointed black leaders and guilt-ridden whites are just plain nonsense. They get away with them because we’re ill-informed or are too timid to question their assumptions and assertions....
Government Cruelty: The Excess Burdens of Taxation
George Bush’s secretary of labor nominee, Linda Chavez, withdrew her nomination under charges of hiring a worker and not paying minimum wages plus applicable taxes. This was just character assassination by those who didn’t want to see her confirmed because...
Protecting Us Out of Our Rights
Worrying about bacteria, New Jersey banned restaurants from serving eggs sunny side up. The ban has since been lifted. Some New Jersey localities have a ban on people pumping their own gasoline. Policemen issue citations for driving without a seatbelt. By law, new...
Reparations for Slavery
If the November elections had put Democrats in control of the House of Representatives, I would have expected John Conyers, D-Mich., to introduce legislation that would set up a committee to decide who would qualify for reparations for slavery, whether they should be...
Election 2000’s Message: Don’t Subsidize Political Stupidity
Election 2000’s racial message is that President-Elect George Bush and the Republican Party shouldn’t subsidize political stupidity. You say, “What do you mean, Williams?” Given Bush’s devastating loss among black voters, in some states...
The Virtue of Greed
YOU CAN CALL IT GREED, selfishness or enlightened self-interest, but the bottom line is that it’s these human motivations that get wonderful things done. Unfortunately, many people are naive enough to believe that it’s compassion, concern and...
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