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Encyclopedia > Walter E. Williams
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Politics series Libertarianism is a political philosophy that favors individual rights, private property rights, and free markets. ... Politics is the process by which decisions are made within groups. ...

Agorism is a radical libertarian political philosophy popularized by Samuel Edward Konkin III, who defined an agorist as a conscious practitioner of Counter-Economics; older terms include Left Libertarian and New Libertarian. ... Anarcho-capitalism refers to an anti-statist philosophy that embraces capitalism as one of its foundational principles. ... Geolibertarianism (also geoanarchism) is a political philosophy that holds with other forms of libertarian individualism that each individual has an exclusive right to the fruits of his or her labor, as opposed to this product being owned collectively by society or the community. ... Paleolibertarianism is a school of thought within American libertarianism founded by Murray Rothbard and Lew Rockwell, and closely associated with the Ludwig von Mises Institute. ... Neolibertarianism is a subset of libertarian thought that embraces incrementalism and pragmatism domestically and a generally interventionist foreign policy. ... Left-libertarianism is an offshoot of conventional Socialism that holds a more egalitarian theory of ownership of resources and a typically liberal view of rights and liberties. ...

Austrian School
Classical liberalism
Individualist anarchism
Mixed economy
The Austrian School is a school of economic thought that rejects opposing economists reliance on methods used in natural science for the study of human action, and instead bases its formalism of economics on relationships through logic or introspection called praxeology. ... The factual accuracy of this article is disputed. ... Josiah Warren is the first American anarchist Individualist anarchism, while being advocated among some European philosophers in various forms, has a distinctive flavor in The United States of America. ... To meet Wikipedias quality standards, this article or section may require cleanup. ... A mixed economy is an economy that combines capitalism and socialism [1]. Some sources prefer the use of command economy over socialism in defining a mixed economy (see external links below). ...

Free markets
... A free market is an idealized market, where all economic decisions and actions by individuals regarding transfer of money, goods, and services are voluntary, and are therefore devoid of coercion and theft (some definitions of coercion are inclusive of theft). Colloquially and loosely, a free market economy is an economy... Laissez-faire is short for laissez faire, laissez passer, a French phrase meaning to let things alone, let them pass. First used by the eighteenth century Physiocrats as an injunction against government interference with trade, it is now used as a synonym for strict free market economics. ... In common usage, the word capitalism means an economic system in which the means of production are primarily privately owned and operated for profit, with private investment of capital, and where production, distribution, and the prices of goods, services, and labor are affected by the forces of supply and demand... The non-aggression principle or non-aggression axiom is defined as a prohibition against the initiation of force, or the threat of force, against persons or property (usually referred to as aggression or coercion). ... In civics, minarchism, sometimes called minimal statism, is the view that the size, role and influence of government in a free society should be minimal - only large enough to protect the liberty of each and every individual, without violating the liberty of any individuals itself. ...

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Libertarian Party can refer to several libertarian political parties, including: United States Libertarian Party Libertarian Party of Canada Movimiento Libertario of Costa Rica The Libertarianz of New Zealand Libertarian Party of Australia There are also political parties that hold some of the same policies as the above parties but do... The Austrian School of economics and the Chicago School of economics are important foundations of the economic system favored by modern libertarians —capitalism, where the means of production are privately owned, economic and financial decisions are made privately rather than by state control, and goods and services are exchanged in... Libertarians and Objectivists limit what they define as rights to variations on the right to be left alone, and argue that other rights such as the right to a good education or the right to have free access to water are not legitimate rights and do not deserve the same... Libertarian theories of law build on libertarianism or classical liberalism. ... Libertarianism is a political philosophy that supports largely unrestricted property rights and opposes most government functions (such as taxation, prosecution of victimless crimes and regulations on businesses beyond the minimum required to prevent fraud or property damage) as coercive, even if a democratic majority supports it. ...

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Walter E. Williams (born 1936) is an American economist. He received his Ph.D. from the University of California, Los Angeles in 1972. He has been a Professor of Economics at George Mason University since 1980, and chairman of that University's Economic's department from 1995 to 2001. Previously, he has been on the faculty of Los Angeles City College, California State University - Los Angeles, Temple University, and Grove City College. Williams is known for his outspoken libertarian and sometimes conservative views. He is a popular columnist and author of books aimed at a general audience, and is a very popular occasional guest host of Rush Limbaugh's radio program. 1936 (MCMXXXVI) was a leap year starting on Wednesday (link will take you to calendar). ... Economics (from the Greek οίκος [oikos], house, and νομος [nomos], rule, hence household management) is a social science that studies the production, distribution, trade and consumption of goods and services. ... The University of California, Los Angeles, popularly known as UCLA, is a public, coeducational university located in the residential area of Westwood within the city of Los Angeles. ... George Mason University George Mason Universitys Fairfax campus George Mason University, also referred to by locals and students as simply Mason or GMU, is an institution of higher learning in the Commonwealth of Virginia, with campuses in Arlington, Fairfax, and Prince William County, Virginia, all in the suburbs of... Los Angeles City College is a community college in the Hollywood section of Los Angeles, on Vermont Avenue south of Santa Monica Boulevard. ... California State University, Los Angeles (also known as Cal State L.A. or CSULA) is a California public university located in Los Angeles, California near the city of Alhambra and the center of the Los Angeles metropolitan area. ... Temple University is a university in Philadelphia, Pennsylvania. ... Grove City College Grove City College is a private liberal arts college in Grove City, Pennsylvania with a population of about 2,300 undergraduate students. ... See also Libertarianism and Libertarian Party Libertarian,is a term for person who has made a conscious and principled commitment, evidenced by a statement or Pledge, to forswear violating others rights and usually living in voluntary communities: thus in law no longer subject to government supervision. ... Conservatism or political conservatism is any of several historically related political philosophies or political ideologies. ... Rush Limbaugh. ...

Some fans consider it noteworthy that Williams is African-American but is conservative in his political beliefs. Williams is a champion of Black education, frequently indicting the educational systems of inner city schools for perpetuating, in his words, a fraud against African-American students and families by lowered standards. Williams is also an outspoken critic of the minimum wage and affirmative action, believing that both practices are detrimental to blacks. Williams especially emphasizes his belief that racism and the legacy of slavery in the United States are overemphasized as problems faced by the black community and do not adequately explain the situation blacks face today. An African American (also Afro-American, Black American, or black), is a member of an ethnic group in the United States whose ancestors, usually in predominant part, were indigenous to Africa. ... The minimum wage is the minimum rate a worker can legally be paid (usually per hour) as opposed to wages that are determined by the forces of supply and demand in a free market. ... Affirmative action (U.S. English), or positive discrimination (British English), is a policy or a program promoting the representation in various systems of people of a group who have traditionally been discriminated against, with the aim of creating a more egalitarian society. ... An African-American man drinks out of the colored only water fountain at a racially segregated streetcar terminal in the United States in 1939. ... The Buxton Memorial Fountain, celebrating the emancipation of slaves in the British Empire in 1834, London. ...

Like most conservatives and libertarians, Williams criticizes gun control as endangering the innocent and failing to reduce crime. The phrase Gun politics refers to the views of different people within a particular country as to what degree of control (increased gun rights vs. ...

Williams praises capitalism (of a laissez-faire variety) as being the most moral and most productive system man has ever devised. "Capitalism is relatively new in human history. Prior to capitalism, the way people amassed great wealth was by looting, plundering and enslaving their fellow man. Capitalism made it possible to become wealthy by serving your fellow man." For more see Capitalism and the Common Man. In common usage, the word capitalism means an economic system in which the means of production are primarily privately owned and operated for profit, with private investment of capital, and where production, distribution, and the prices of goods, services, and labor are affected by the forces of supply and demand... Laissez-faire is short for laissez faire, laissez passer, a French phrase meaning to let things alone, let them pass. First used by the eighteenth century Physiocrats as an injunction against government interference with trade, it is now used as a synonym for strict free market economics. ...

Williams has gone on record as advocating the Free State Project in at least two columns and once on television. The Williams endorsement correlated with the largest single membership jump in the first 5000 phase of the project, a jump even higher than the results of the project being Slashdotted. The Free State Project (FSP) is a plan to have 20,000 or more liberty-oriented people move to a single state of the United States, with the intent of influencing local political policy. ... The Slashdot effect is the term given to the phenomenon of a popular website linking to a smaller site, causing the smaller site to slow down or even temporarily close due to the increased traffic. ...

In addition to dozens of articles and contribution to dozens of books, Williams has written the following books:

  • The State Against Blacks
  • America: a Minority Viewpoint
  • All It Takes Is Guts
  • South Africa's War Against Capitalism
  • Do the Right Thing: The People's Economist Speaks
  • More Liberty Means Less Government

See also

This is an alphabetical list of well-known economists. ... The Rush Limbaugh Show, hosted by Rush Limbaugh, is the most listened to radio talk show in the United States with an estimated between 13 and 20 million listeners weekly. ...

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