Posts By Author » Walter Williams

Difficult Economics Lessons
11 Jul 2012 12:02 am

One of the more difficult lessons to teach economics neophytes — and, many times, trained economists — is that economic theory cannot say anything definitive about subjective statements, such as what’s better, good, bad or worse. Let’s try a few examples to make the point.
Cabernet sauvignon wine is better than fume blanc. Turkey is better than pork. Matter in the solid state is better than the plasma state. Each of those statements begs the question: Where’s the proof? With subjective statements such as those, disagreements can go on forever. It’s …

The Underclass
4 Jul 2012 12:03 am

Anthony Daniels, who writes under the pen name Theodore Dalrymple, is a retired prison doctor and psychiatrist who tells of his experiences with his patients in “Life at the Bottom.” It’s an insightful book of essays about the self-destructive behavior and attitudes of the underclass.
In one essay, “We Don’t Want No Education,” reprinted by City Journal (http://www.city-journal.org/html/5_1_oh_to_be.html), Dalrymple says that he cannot recall meeting a 16-year-old from the public housing project near his hospital who could perform simple multiplication operations, such as nine times seven. One 17-year-old told him, “We …

Too Much College
27 Jun 2012 12:05 am

In President Barack Obama’s 2012 State of the Union address, he said that “higher education can’t be a luxury. It is an economic imperative that every family in America should be able to afford.” Such talk makes for political points, but there’s no evidence that a college education is an economic imperative. A good part of our higher education problem, explaining its spiraling cost, is that a large percentage of students currently attending college are ill-equipped and incapable of doing real college work. They shouldn’t be there wasting their own …

Racial Double Standards
20 Jun 2012 12:05 am

Back in 2009, U.S. Attorney General Eric Holder said we were “a nation of cowards” on matters of race. Permit me to be brave and run a few assertions by you just to see whether we’re on the same page. There should be two standards for civilized conduct: one for whites, which is higher, and another for blacks, which is lower. In other words, in the name of justice and fair play, blacks should not be held accountable to the same standards that whites are and should not be criticized …

Duped by Congressional Lies
13 Jun 2012 12:08 am

Some of the responses to my column last week, titled “Immoral Beyond Redemption,” prove that Americans have been hoodwinked by Congress. Some readers protested my counting Social Security among government handout programs that can be described as Congress’ taking what belongs to one American and giving to another, to whom it doesn’t belong — legalized theft. They argued that they worked for 45 years and paid into Social Security and that the money they now receive is theirs. These people have been duped and shouldn’t be held totally accountable for …

Immoral Beyond Redemption
6 Jun 2012 12:05 am

Benjamin Franklin, statesman and signer of our Declaration of Independence, said: “Only a virtuous people are capable of freedom. As nations become corrupt and vicious, they have more need of masters.” John Adams, another signer, echoed a similar statement: “Our Constitution was made only for a moral and religious people. It is wholly inadequate to the government of any other.” Are today’s Americans virtuous and moral, or have we become corrupt and vicious? Let’s think it through with a few questions.
Suppose I saw an elderly woman painfully huddled on a …

Our Nation’s Future
30 May 2012 12:05 am

Our nation is rapidly approaching a point from which there’s little chance to avoid a financial collapse. The heart of our problem can be seen as a tragedy of the commons. That’s a set of circumstances when something is commonly owned and individuals acting rationally in their own self-interest produce a set of results that’s inimical to everyone’s long-term interest. Let’s look at an example of the tragedy of the commons phenomenon and then apply it to our national problem.
Imagine there are 100 cattlemen all having an equal right to …

Should Black People Tolerate This?
23 May 2012 12:06 am

Each year, roughly 7,000 blacks are murdered. Ninety-four percent of the time, the murderer is another black person. According to the Bureau of Justice Statistics, between 1976 and 2011, there were 279,384 black murder victims. Using the 94 percent figure means that 262,621 were murdered by other blacks. Though blacks are 13 percent of the nation’s population, they account for more than 50 percent of homicide victims. Nationally, black homicide victimization rate is six times that of whites, and in some cities, it’s 22 times that of whites. Coupled with …

Should We Obey All Laws?
16 May 2012 12:07 am

Let’s think about whether all acts of Congress deserve our respect and obedience. Suppose Congress enacted a law — and the Supreme Court ruled it constitutional — requiring American families to attend church services at least three times a month. Should we obey such a law? Suppose Congress, acting under the Constitution’s commerce clause, enacted a law requiring motorists to get eight hours of sleep before driving on interstate highways. Its justification might be that drowsy motorists risk highway accidents and accidents affect interstate commerce. Suppose you were a jury …

Leftist Race-baiters
9 May 2012 12:06 am

MSNBC’s Chris Matthews, in a recent debate with former Republican National Chairman Michael Steele, called the Republican Party the “grand wizard crowd.” Grand wizard is the title given to the leader of the Ku Klux Klan. It is truly misinformed to call Republicans the party of the Klan. Throughout our history, most Klansmen and most racists have been Democrats. Here are a few racist quotes from major Democratic figures.
The late Sen. Robert Byrd, D-W.Va., a former Klansman, wrote during World War II: “I shall never fight in the armed forces …

America’s Two-Faced Liberals
2 May 2012 12:04 am

President Barack Obama and Wall Street occupiers, along with their allies in the mainstream media and on college campuses, have maintained an ongoing attack on high-income earners, people they call 1 percenters. Listening to their deceitful demagoguery, you would naturally think of them as 99 percenters, but you’d be dead-wrong.
Last week, MSN Money posted a report titled “The richest counties in America.” According to the report, residents of those 15 wealthiest counties “have median household incomes that are double the national average.” Three of those counties have a median income …

Devious Taxation
25 Apr 2012 12:05 am

The Washington, D.C.-based Tax Foundation does a yeoman’s job of keeping track of how much we’re paying in taxes and who’s paying what. It turns out that American taxpayers worked this year from Jan. 1 to April 17, 107 days, to earn enough money to pay their federal, state and local tax bills. That statistic requires some clarification, and I ask my readers to help me examine it.
According to the Congressional Budget Office, Congress will spend $3.8 trillion this year, about 24 percent of our $15 trillion gross domestic product. …

Good Economists
18 Apr 2012 12:06 am

It’s difficult to be a good economist and simultaneously be perceived as compassionate. To be a good economist, one has to deal with reality. To appear compassionate, often one has to avoid unpleasant questions, use “caring” terminology and view reality as optional.
Affordable housing and health care costs are terms with considerable emotional appeal that politicians exploit but have absolutely no useful meaning or analytical worth. For example, can anyone tell me in actual dollars and cents the price of an affordable car, house or myomectomy? It’s probably more pleasant to …

Media Dishonesty and Race Hustlers
11 Apr 2012 12:05 am

When NBC’s “Today” show played the audio of George Zimmerman’s call to a Sanford, Fla., police dispatcher about Trayvon Martin, the editors made him appear to be a racist who says: “This guy looks like he’s up to no good. He looks black.” What Zimmerman actually said was: “This guy looks like he’s up to no good or he’s on drugs or something. It’s raining, and he’s just walking around, looking about.” The 911 officer responded by asking, “OK, and this guy — is he black, white or Hispanic?” Zimmerman …

Dupes for the State
4 Apr 2012 12:05 am

Public misunderstanding, ignorance and possibly contempt for liberty play into the hands of people who want to control our lives. Responses to my recent column “Compliant Americans” brought this home to me. In it, I argued that the anti-tobacco movement became the template and inspiration for other forms of government intrusion, such as bans on restaurants serving foie gras, McDonald’s giving Happy Meals with toys, and confiscating a child’s home-prepared lunch because it didn’t meet Department of Agriculture guidelines. A few responses read like this: “Smoking is different because that …

Profiling
29 Mar 2012 12:02 am

Right now, there isn’t enough known about the circumstances surrounding the fatal shooting of 17-year-old Trayvon Martin, a black, by George Zimmerman, a 28-year-old part-Hispanic, during his neighborhood watch tour in an Orlando, Fla., suburb. If evidence emerges that Zimmerman’s actions were not justified, he should be prosecuted and punished; however, there’s a larger issue that few people understand or have the courage to acknowledge, namely that black and young has become synonymous with crime and, hence, suspicion. To make that connection does not make one a racist. Let’s look …

Political Rope-A-Dope
21 Mar 2012 12:08 am

It’s not unreasonable to ask how valuable the variously labeled liberal, Democratic or progressive agenda has been to black Americans and whether blacks should proceed in political lock step with this agenda.
According to an American Community Survey, by the U.S. Census Bureau, the top 10 poorest cities with populations more than 250,000 are Detroit, with 33 percent of its residents below the poverty line; Buffalo, N.Y., 30 percent; Cincinnati, 28 percent; Cleveland, 27 percent; Miami, 27 percent; St. Louis, 27 percent; El Paso, Texas, 26 percent; Milwaukee, 26 percent; Philadelphia, …

Compliant Americans
14 Mar 2012 12:06 am

Last month, at a Raeford, N.C., elementary school, a teacher confiscated the lunch of a 5-year-old girl because it didn’t meet U.S. Department of Agriculture guidelines and therefore was deemed nonnutritious. She replaced it with school cafeteria chicken nuggets. The girl’s home-prepared lunch was nutritious; it consisted of a turkey and cheese sandwich, potato chips, a banana and apple juice. But whether her lunch was nutritious or not is not the issue. The issue is governmental usurpation of parental authority.
In a number of states, pregnant teenage girls may be given …

It Just Ain’t So
7 Mar 2012 12:05 am

The U.S. Census Bureau reports that 2011 manufacturing output grew by 11 percent, to nearly $5 trillion. Were our manufacturing sector considered a nation with its own gross domestic product, it would be the world’s fourth-richest economy. Manufacturing productivity has doubled since 1987, and manufacturing output has risen by one-half. However, over the past two decades, manufacturing employment has fallen about 25 percent. For some people, that means our manufacturing sector is sick. By that criterion, our agriculture sector shares that “sickness,” only worse and for a longer duration.
In 1790, …

Equality or Inequality
29 Feb 2012 12:06 am

Rick Santorum’s speech at the Detroit Economic Club stirred a bit of controversy when he said: “I’m not about equality of result when it comes to income inequality. There is income inequality in America. There always has been, and hopefully — and I do say that — there always will be.” That kind of statement, though having merit, should not be made to people who have little or no understanding. Let’s look at inequality.
Kay S. Hymowitz’s article “Why the Gender Gap Won’t Go Away. Ever,” in City Journal (Summer 2011), …

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