The Financial Mess in the U.S. and Europe
What's the common thread between Europe's financial mess, particularly among the PIIGS (Portugal, Ireland, Italy, Greece and Spain), and the financial mess in the U.S.? That question could be...
About: Walter E. Williams
Posts by Walter E. Williams
Gov. Perry’s Right About Social Security
During the recent GOP presidential debate, Texas Gov. Rick Perry said that Social Security is a "monstrous lie" and a "Ponzi scheme." More and more people are coming to...
Too Much Higher Education
Too much of anything is just as much a misallocation of resources as it is too little, and that applies to higher education just as it applies to everything...
Blacks and Politics
At one of last month's Congressional Black Caucus-sponsored "job fairs," Rep. Andre Carson, D-Ind., told the audience: "This is the effort that we're seeing of Jim Crow. Some of...
Race and Economics
Overall U.S. unemployment is 9.1 percent. For white adults, it's 8 percent, and for white teens, 23 percent. Black adult unemployment stands at 17 percent, and for black teens,...
What Laws Are We Morally Obligated to Obey?
What laws are we morally obligated to obey? Help with the answer can be found in "Economic Liberty and the Constitution," a 66-page pamphlet by Jacob G. Hornberger, founder...
Ominous Parallels: Obama and FDR
People are beginning to compare Barack Obama's administration to the failed administration of Jimmy Carter, but a better comparison is to the Roosevelt administration of the 1930s and '40s....
Ignorance, Stupidity or Connivance?
President Barack Obama has called for a luxury tax on corporate jets as a means to generate revenue to fight federal deficits. The president's economic advisers ought to be...
Licensing and Permitting Laws: Barriers to Upward Mobility
What does it take to be able to own and operate a taxi and earn $30,000, $40,000 or more a year? You need to purchase a used car and...
Job Destruction Makes Us Richer
Here's what President Barack Obama said about our high rate of unemployment in an interview with NBC's Ann Curry: "The other thing that happened, though — and this goes...
Education Is Worse Than We Thought
Last December, I reported on Harvard University professor Stephan Thernstrom's essay "Minorities in College — Good News, But...," on Minding the Campus, a website sponsored by the New York-based...
The Constitution and Slavery
Rep. Charlie Rangel, D-N.Y., referring to his race and the Constitution on John Stossel's recent show "The State Against Blacks," said, "I wasn't even considered three-fifths of a guy."...
America’s New Racism
The late South African economist William Hutt, in his 1964 book, The Economics of the Colour Bar, said that one of the supreme tragedies of the human condition is...
Our Moral Dilemma
Most of our nation's problems are a direct result of our being immune, hostile or indifferent to several moral questions. Let's start out with the simple and move to...
Irksome Things
There are a lot of things, large and small, that irk me. One of them is our tendency to evaluate a presidential candidate based on his intelligence or academic...