Walter E. Williams Quotes


Poverty in Egypt, or anywhere else, is not very difficult to explain. There are three basic causes: People are poor because they cannot produce anything highly valued by others. They can produce things highly valued by others but are hampered or prevented from doing so. Or, they volunteer to be poor.


Citations

Williams, Walter E. "Explaining Poverty." Creators Syndicate, 2007.

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Walter E. Williams
Walter E. Williams
  • Born: March 31, 1936
  • Died: December 2, 2020
  • Nationality: American
  • Profession:

Walter Edward Williams was an American economist, commentator, and academic.