Saturday, April 9, 2016

Quotes by Walter E. Williams (economist/philosopher)


"Democracy and liberty are not the same. Democracy is little more than mob rule, while liberty refers to the sovereignty of the individual.”

“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?”

“French economist/philosopher Frederic Bastiat (1801–50) gave a test for immoral government acts: “See if the law benefits one citizen at the expense of another by doing what the citizen himself cannot do without committing a crime.”

“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.”

“No matter how worthy the cause, it is robbery, theft, and injustice to confiscate the property of one person and give it to another to whom it does not belong”

“There are many farm handouts; but let's call them what they really are: a form of legalized theft. Essentially, a congressman tells his farm constituency, "Vote for me. I'll use my office to take another American's money and give it to you.”

“Social Security is unsustainable because it is not meeting the first order condition of a Ponzi scheme, namely expanding the pool of suckers.”

“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.”

“Philosopher Johann Wolfgang von Goethe explained that “no one is as hopelessly enslaved as the person who thinks he’s free.” That’s becoming an apt description for Americans who are oblivious to—or ignorant of—the liberties we’ve lost.”

“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.”

Note:
The above first point/quote, as affirmed by other like-minded writers, is perhaps one of the most important paradigm shifts one could experience, particularly for the publicly schooled, propagandized American. That, combined with the related thought, national independence is not necessarily the same as individual liberty... I recommend the numerous interviews and lectures of Mr Williams found on YouTube and various online sources.

Come let us Reason. Peace is always a Choice.

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