It is not easy to be wise for all times, not event for the present much less for the future; and those who judge the past must recollect that, when it was the present the present was future.
Gouverneur Morris to Robert Walsh (February 5, 1811).
One may ride upon a tiger’s back but it is fatal to dismount.
We all proposition our grocer in the following fashion: “We’re not going to tell you when we’re going to shop; we’re not going to tell you what we’re going to buy; we’re not going to tell you the quantity we’re going to buy — but we will fire you if you don’t have what we want when we do come into the store.”
Walter E. Williams (March 31, 1936 – December 2, 2020), Bradley Prize Winner 2017, was John M. Olin Professor of Economics at George Mason University.
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.
Walter E. Williams (born March 31, 1936), Bradley Prize Winner 2017, was Professor of Economics at George Mason University. He died on December 2, 2020.
Always do right. This will gratify some people, and astonish the rest.
However deep you dig a well it affords no refuge in the time of flood.
Ernest Bramah, Kai Lung Unrolls His Mat, “The Story of Tong So, the Averter of Calamities” (1928).