Walter E. Williams Quotes
Politicians have immense power to do harm to the economy. But they have very little power to do good.
Williams, Walter E. "Political Power." Townhall, 18 Feb. 2004.
Referring to Motor Vehicles Commissions and Departments:
Critics were divided as to whether this illustrated that Graham was very naïve or very hypocritical. Graham had given Nixon a platform but he attended many Nixon events and was thought of as close to the President. When Watergate finally broke out in the open, Graham, had a major realignment of his view of politicians and has never gotten as close to any politician or appeared to favor a politician since.
To Mises, “interventionism” is any government action that affects business and businessmen and women. In a large complex society, virtually every government action will benefit some more than others while harming some more than others. There are almost always winners and losers as a result of every government action. Most political philosophers see justice and fairness in benefitting the majority of people most of the time. However Mises and others observe that in a large complex society, in an absolute sense, politics and government can never be fair and just to all.
Walter Edward Williams was an American economist, commentator, and academic.
