Malmo, with its 280,000 residents, is Sweden's third-largest city. To see a physician, a patient must go to one of two local clinics before they can see a specialist. The clinics have security guards to keep patients from getting unruly as they wait hours to see a doctor. The guards also prevent new patients from entering the clinic when the waiting room is considered full. Uppsala, a city with 200,000 people, has only one specialist in mammography. Sweden's National Cancer Foundation reports that in a few years most Swedish women will not have access to mammography.
Walter E. WilliamsIf our country is to survive and prosper, we must summon the courage to condemn and reject the liberal agenda, and we had better do it soon.
Walter E. WilliamsProfit is vital to human well-being. Profit is the payment to entrepreneurs just as wages are payments to labor, interest to capital and rent to land. In order to earn profits in free markets, entrepreneurs must identify and satisfy human wants and do so in a way that economizes on society's scarce resources.
Walter E. WilliamsDemocracy and liberty are not the same. Democracy is little more than mob rule, while liberty refers to the sovereignty of the individual.
Walter E. WilliamsDiscrimination is simply the act of choice. Scarcity requires us to choose; scarcity is the cause of discrimination!
Walter E. WilliamsPrior to capitalism, the way people amassed great wealth was by looting, plundering and enslaving their fellow man. Capitalism made it possible to become wealthy by serving your fellow man.
Walter E. WilliamsIt is not wise for us to permit a few people on the Federal Reserve Board to have life and death power over our economy. My recommendation for reducing some of that power is to repeal legal tender laws and eliminate all taxes on gold, silver and platinum transactions. That way there would be money substitutes and the government money monopoly would be reduced and hence the ability to tax - some people would say steal from - us through inflation.
Walter E. Williams