Government is about coercion. Limiting government is the single most important instrument for guaranteeing liberty. We're working on a third generation which has little in the way of education about what our Constitution means and why it was written. Thus, we've fallen easy prey to charlatens, quacks, and hustlers.
Walter E. WilliamsThe reason why the world's leftists give the world' s most horrible murderers a pass is because they sympathize with their socioeconomic goals, which include government ownership and/or control over the means of production. In the U.S., the call is for government control, through regulations, as opposed to ownership.
Walter E. WilliamsSay that Congress legislates gasoline price controls that sets a maximum price of $1 a gallon. As sure as night follows day, there'd be long lines and gasoline shortages, just as there were in the 1970s. For the average consumer, a $1.60 a gallon selling price and no waiting lines is a darn sight cheaper than a controlled $1 a gallon price plus searching for a gasoline station that has gas and then waiting in line. If your average purchase is 10 gallons, and if an hour or so of your time is worth more that $6, the $1.60 a gallon free market price is cheaper.
Walter E. WilliamsIncreases in money supply are what constitute inflation, and a general rise in prices is the symptom.
Walter E. WilliamsGovernment income redistribution programs produce the same result as theft. In fact, that's what a thief does; he redistributes income. The difference between government and thievery is mostly a matter of legality.
Walter E. Williams