Black Political Power Means Zilch

By:       Walter E. Williams It’s often thought to be beyond question that black political power is necessary for economic power and enhanced socio-economic welfare. That’s an idea that lends itself to testing and analysis. Between 1970 and 2012, the number of black elected officials rose from fewer than 1,500 to more than 10,000. Plus, a…

Let’s Limit Spending

By: Walter E. Williams Some people have called for a balanced budget amendment to our Constitution as a means of reining in a big-spending Congress. That’s a misguided vision, for the simple reason that in any real economic sense, as opposed to an accounting sense, the federal budget is always balanced. The value of what…

Dangers of Government Control

By Walter E. Williams We are a nation of 325 million people. We have a bit of control over the behavior of our 535 elected representatives in Congress, the president and the vice president. But there are seven unelected people who have life-and-death control over our economy and hence our lives — the seven governors…

Educational Rot

By: Walter E. Williams My recent columns have focused on the extremely poor educational outcomes for black students. There’s enough blame for all involved to have their fair share. That includes students who are hostile and alien to the educational process and have derelict, uninterested home environments. After all, if there is not someone in…

Fascism and Communism

By: Walter E. Williams Before the question, how about a few statistics? The 20th century was mankind’s most brutal century. Roughly 16 million people lost their lives during World War I; about 60 million died during World War II. Wars during the 20th century cost an estimated 71 million to 116 million lives. The number of war…

Independence Hypocrisy

By: Walter E. Williams Officials in Catalonia, Spain’s richest and most highly industrialized region, whose capital is Barcelona, recently held a referendum in which there was a 92 percent vote in favor of independence from Spain. The Spanish authorities opposed the referendum and claimed that independence is illegal. Catalans are not the only Europeans seeking…

Ignorance Versus Stupidity

By:      Walter E. Williams   One of the most challenging and important jobs for an economics professor is to teach students how little we know and can possibly know. My longtime friend and colleague Dr. Thomas Sowell says, “It takes considerable knowledge just to realize the extent of your own ignorance.” Nobel laureate…