You can bet the rent money that whatever politicians do will end up harming consumers. ... Economic ignorance is to politicians what idle hands are to the devil. Both provide the workshop for the creation of evil.
Walter E. WilliamsIf grade inflation continues, a college bachelor's degree will have just as much credibility as a high school diploma.
Walter E. WilliamsDespite 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. WilliamsOnce Congress establishes that one person can live at the expense of another, it pays for everyone to try to do so.
Walter E. Williams