America desperately needs genuine entitlement reform to avoid a Greek-style fiscal future. The biggest problems are the health entitlements such as Medicare, Medicaid, and Obamacare, but Social Security also has a huge long-run fiscal shortfall. That’s why I’m a big fan of the very successful reforms in places such as Chileand Australia, where personal accounts are producing big benefits for workers.These systems […]

If you care about helping the less fortunate succeed, I’m commenting today on a Thomas Sowell column that will make you sad and angry. It is a story about how powerless and disadvantaged people are being hurt to advance the political interests of some elitists. Here is the clever way he starts the column. I […]

Walter Williams has pointed out on many occasions that many government programs and initiatives exist primarily for the benefit of the bureaucracy, and he coined the phrase “poverty pimps” to describe the folks who get comfortable government jobs to operate programs that don’t help – and often hurt – disadvantaged populations. We may need a […]

Professor Walter Williams comments on new research showing how the minimum wage is hurting African-American employment. Last week, two labor economists, Professors William Even (Miami University of Ohio) and David Macpherson (Trinity University), released a study for the Washington, D.C.-based Employment Policies Institute titled “Unequal Harm: Racial Disparities in the Employment Consequences of Minimum Wage […]

School choice should be the civil rights issue of the 21st century. Rich people already have school choice, both because they have the ability to live in good school districts and they have the resources to send their kids to private schools. The children of poor people, by contrast, are warehoused in failing government schools. […]

I don’t think I’ve ever promoted a book since starting this blog, but the new autobiography from Walter Williams is too good not to recommend. But don’t believe me. Walter was just interviewed by the Wall Street Journal, and you can get a flavor for his blunt style and crisp analysis. Speaking for myself, I’m […]