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to be a good economist you look at cause and effect. many times people don t want to see cause and effect. and economists will always talk about cost, when people talk about a benefit to doing something, someone has to talk about cost. a lot of times people don t like to talk about costs. host: is an economist a cold-blooded creatures? guest: i don t think so. i think i am a nice person. one of my issues, to help understand me, my initial premise is the each own ourselves. i am my private property and you are your private property. if you accept the idea of self ownership, certain ask check requests are more lancer nicks are immoral. race is immoral because it violates private property, murder is immoral, it violates private property and so does that. i think you can get a fairly good vision of how the world should be from a moral point of view because you look at the initial premise. host: what about the concept of the common thing? guest: the common good doesn t m
ArkansasUnited-statesLouisianaAlabamaHillsdale-collegeMichiganFresnoCaliforniaChinaPortugalArlington-heightsVirginia now book tv s in-depth program with williams. he tackles many issues including race, education, environment, health care and more. host: walter williams. you writemo it s difficult to ba goodte economist an be certify - perceived as compassionist. often one hasre to avoid unpleasant questions. guest: that is absolutely right. to be a good economist you have to y look at cause and effect. ..something, someone has to tal about cost. a lot of times people don t like to talk about costs. host: is an economist a cold-blooded creatures? guest: i don t think so. i think i am a nice person. one of my issues, to help understand me, my initial premise is the each own ourselves. i am my private prope that he is ai am my private property in you are your private property. if you accept the idea of some ownership theacn cecpter ttain e moral internet acts are in mora let s say the reason what rape is immoral is because it violates private property. murder violates private propert
AlabamaUnited-statesRosslynVirginiaDelray-beachFloridaChinaCaliforniaWashingtonDistrict-of-columbiaCharlotteNorth-carolina so, given what you have heard today, several phone calls guest: let me guest: let s hear the question first. [laughter] guest: i know where you are going. amp said that when you have stagnant or contracting economy, what politics consists of is pitting one group against another, fighting over a sinking pie. that is what you are saying now. you are seeing wages flat or falling. and as a result, people are looking for somebody to blame for their own condition. and lots of people have fastened on the illegal immigrants as the cause of it all. that is not the cause of it all. the cause of it all is that our economy is not going. there is not opportunity. and what we have to do is create an opportunity society. you can do it by one of two ways. you can do it the bernie sanders way, by having the government spending and taxing, and that something doesn t work. look at europe. the unemployment rates in europe are skyhigh. they have great social benefits, but they don t have jobs
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