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.

Capitalism’s Enemies Use COVID-19 Crisis as an Excuse for a Wealth Tax

Leftist politicians who want to get into our pocketbooks are beginning to argue that the COVID-19 pandemic is the best argument for a wealth tax.

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 "feeling another's pain"...

Black Slavery is Alive in 2001

Black slaves are still available -- just not in the United States. To make a purchase, you'd have to travel to the Sudan as Gerald Williams, Harvard University pre-med student, did in October 2000. Slavery in the Sudan is in part a result of a 15-year war by the...

Microsoft and Liberty

Microsoft and Liberty

Think about the government's case against Microsoft and, just as importantly, it's implications for our liberty. Let's ask a general question just to get started. If there's an act we all agree is immoral and unacceptable when done by an individual, does that act...

Jackson, Sharpton, and Gore Play Racial Rope-A-Dope

Democrats have no constituency more loyal than black Americans. Much of that loyalty is delivered by black elected officials, civil-rights organizations and church leaders such as Jesse Jackson and Al Sharpton. During the last election, these people did a yeoman's job...

Law and Economics

Rather than my usual fall schedule of teaching in the Economics Department at George Mason University, I taught "The Economic Foundations of Legal Studies" at the university's School of Law to first-year law students. Economics is no stranger at George Mason's Law...

Crazy Double Standards

The Federal Trade Commission has released its year-long study showing how Hollywood's film industry, the music industry and the video-game industry have been deliberately targeting and marketing all manner of filth and violence to America's children. No less an expert...

Majority Rule Equal Tyranny

The controversy surrounding this year's presidential election has led to calls to abandon the Constitution's Article II provisions for the Electoral College to select presidents. Despite the fact the system has served us well for over 200 years, many Americans now...

The Cult of Anti-Intellectualism Amongst Blacks

Here are just a few of the facts: One study asked middle-class black, white and Asian high school students what was the lowest grade their parents would tolerate their bringing home? Asian students replied A-minus. Blacks said their parents would accept grades lower...

My New Entitlement

By appearance alone, no one would ever guess that next year I'll celebrate my 65th birthday. Going by this year's presidential campaign promises, simply by surviving 65 years I acquire the right to have my prescription drugs paid by younger Americans. That's even if...

Social Security Lies

Social Security Lies

Here's what the 1936 government pamphlet on Social Security said: "After the first 3 years -- that is to say, beginning in 1940 -- you will pay, and your employer will pay, 1.5 cents for each dollar you earn, up to $3,000 a year. ... Beginning in 1943, you will pay 2...

A is non-A: Gore’s Deceptive Telephone Tax

VICE-PRESIDENT AL GORE, aided and abetted by Jay Rockefeller, D-W.V., and Olympia Snowe, R-Maine, fought for and succeeded in amending the Telecommunications Act of 1996 such that a universal services fund was created to subsidize telecommunications services for...

How Clinton-Gore Helps the OPEC Cartel

We Americans are going to pay through our noses to stay warm this winter, and we can thank our elected and unelected officials in Washington. Let's analyze the economics of it by starting with an example. Pretend you own a supermarket. What would you want the...

The Clinton-Gore Legacy: An Unseen Cancer on the Body Politic

The social chaos seen in other countries such as sabotage, guerilla bands and political assassinations has yet to emerge in our country. Because of that, we Americans have little appreciation and even indifference to the attack on the laws, customs and institutions...

Joseph Lieberman Takes Groveling 101

When Vice President Al Gore announced that Sen. Joseph Lieberman, D-Conn., was his running mate, many people applauded. Lieberman, an honorable man, was seen as a refreshing choice that just might help voters forget the immorality and corruption emblematic of the...

Greed And Exploitation: Why Tax Cuts Are Not More Popular

Suppose you and I go to a fancy restaurant. Under which scheme would it would be more likely for me to order a $150 bottle of Chateau LaFite Rothschild Bordeaux wine, chateaubriand and a $200 bottle of Chateau d'Yquem to go with our dessert -- if you're paying the...

Death, Wealth, and Taxes

Last [month], President Clinton carried through with his threat to veto bipartisan legislation that would have repealed the federal death tax over the next decade. The death tax makes a trivial contribution to total federal tax revenues of $2 trillion -- about 1.5...

Black Loyalty

It's indisputably beyond question that black Americans have a level of loyalty to the Democratic Party and its big-government policies second to none. They connect political power with economic power. But the evidence that I see is that individual application and...

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