Despite the miracles of capitalism, it doesn't do well in popularity polls. One of the reasons is that capitalism is always evaluated against the non-existent, non-realizable utopias of socialism or communism. Any earthly system, when compared to a Utopia, will pale in comparison. But for the ordinary person, capitalism, with all of its warts, is superior to any system yet devised to deal with our everyday needs and desires.
Walter E. WilliamsIf we buy into the notion that somehow property rights are less important, or are in conflict with, human or civil rights, we give the socialists a freer hand to attack our property.
Walter E. WilliamsUniversities have failed in their function of the pursuit of academic excellence by having dumbed down classes and granting degrees to students who are just barely literate and computationally incompetent.
Walter E. WilliamsI have nothing against rich people. In fact, I've been struggling most of my life to join them.
Walter E. WilliamsThe crucial question for any policy is not what, are its intentions, but what are its effects?
Walter E. WilliamsIn a free society, government has the responsibility of protecting us from others, but not from ourselves.
Walter E. WilliamsHow 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.
Walter E. Williams