Top 5 Greatest Liberty-Friendly Economists of All-Time

Walter E. Williams

Williams has been a professor at George Mason University since the 80s. Williams has written 10 books and countless articles. Williams is a proponent of free market economics and opposes socialist systems of government intervention. It is of Williams belief that laissez-faire capitalism is the most moral and productive system that humans have ever devised. Williams, like Sowell, believes that minimum wage negatively impacts minority employment. He states that minimum wage laws, as well as affirmative action laws, inhibit freedom, and are detrimental to the exact people they are proposed to help.

He conducted research into the Davis-Bacon Act of 1931 and the impact of minimum wage laws on minority employment. He published his findings in a book called The State Against Blacks. In this book, he argues that laws regulating the economy are far greater obstacles for blacks to overcome than racial bigotry and discrimination. He has also spoken out that minimum wage eliminates opportunity for minorities to gain employment. Williams is also a strong proponent of the 2nd amendment, and has repeatedly said that gun control laws do way more harm than good. Bruce Tinsley once launched a campaign in his comic strip Mallard Fillmore to draft Williams as a presidential nominee for the Republican party, to which Williams decided not to run, and instead endorsed Ron Paul for the nomination.