Many of the wonderful achievements of the 20th century were the result of the pursuit of profits. Unfortunately, demagoguery has led to profits becoming a dirty word. Nonprofit is seen as more righteous, particularly when people pompously stand before us and declare, 'We're a nonprofit organization.'
Walter E. WilliamsVote for me. I'll use my office to take another American's money and give it to you.
Walter E. WilliamsReaching into someone else's pocket to assist one's fellow man hardly qualifies as charity.
Walter E. Williams...[I]f we care about our remaining liberties we must at some point draw a line in the sand and let politicians and bureaucrats know we will not tolerate further encroachment on our God-given rights to liberty.
Walter E. WilliamsIt was Thomas Jefferson who said that we should not allow the courts to have a monopoly on the interpretation of what is constitutional and what is not.
Walter E. WilliamsMalmo, 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. 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. Williams