Friday, June 10, 2011

The War on Poverty Has Hurt Minorities

So says economist Walter Williams. Williams first explained his case twenty-five years ago in his book, The State Against Blacks. He recently discussed the destructive nature of the welfare state during an interview by John Stossel. Walters explained the negative consequences of income transfer payments and minimum wage laws.

 Williams is an economist on faculty at George Mason University and is a member of the board of trustees at Grove City College and the Hoover Institution. His latest book is Race and Economics. You can read about Williams breaking out of the ghetto in his autobiography Up from the Projects.

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