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Hayek Quotes by Walter E. Williams
1 Hayek quote by Walter E. Williams
More Quotes by Walter E. Williams
Walter E. Williams has 76 quotes on this site. A few more worth reading:
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Minimum-wage laws are one of the most powerful tools in the arsenal of racists.
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Three-fifths to two-thirds of the federal budget consists of taking property from one American and giving it to another. Were a private…
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Government is necessary, but the only rights we can delegate to government are the ones we possess. For example, we all have…
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Increases in money supply are what constitute inflation, and a general rise in prices is the symptom.
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The true test of one's commitment to liberty and private property rights doesn't come when we permit people to be free to…
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Communism and socialism is [sic] seductive. It promises us that people will contribute according to ability and receive according to needs. Everybody…
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Try this thought experiment. Pretend you're a tyrant. Among your many liberty-destroying objectives are extermination of blacks, Jews and Catholics. Which would…
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In a free society, government has the responsibility of protecting us from others, but not from ourselves.
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Nothing in our Constitution suggests that government is a grantor of rights. Instead, government is a protector of rights.
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How you make it in this world, for the most part, depends more on what you do as opposed to whether people…
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What we call the market is really a democratic process involving millions, and in some markets billions, of people making personal decisions…
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However, if we wish to be compassionate with our fellow man, we must learn to engage in dispassionate analysis. In other words,…
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More Hayek Quotes
Popular Hayek quotes from across the collection:
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Powerful government tends to draw into it people with bloated egos, people who think they know more than everyone else and have…
— Walter E. Williams
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The book, as it stands, seems to me to be one of the most frightful muddles I have ever read, with scarcely…
— John Maynard Keynes
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You won’t be able to take your eyes off the next four presenters: Salma Hayek and Penelope Cruz.
— Chris Rock
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Among other grand achievements, F. A. Hayek had a remarkable career pointing out the flaws in collectivism. One of his keenest insights…
— Sheldon Richman
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What's the single most important thing to learn from an economics course today? Â What I tried to leave my students with…
— Lawrence Summers
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Friedrich Hayek is not an important figure in the history of macroeconomics.
— Paul Krugman
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When I reviewed Hayek's book, The Pure Theory of Capital, it is my sincere conviction that this work contains some of the…
— Fritz Machlup
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Even those who identify themselves as libertarians follow an overtly anti-rationalist philosophy, as even a brief acquaintance with the work of Friedrich…
— Philip E. Agre
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[What Hayek] does not see, or will not admit, [is] that a return to "free" competition means for the great mass of…
— George Orwell
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[I]f one asks what substantive contributions [F. A. Hayek] made to our understanding of how the world works, one is left at…
— Paul Krugman
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But Friedman seemed to share Friedrich Hayek's extreme and inaccurate view that socialism of the sort that Britain embraced under the old…
— Richard Posner
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I can't resist telling you that when the Vienna Economics Institute celebrated its centennial, many years ago, they invited, as their keynote…
— Unknown Author
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