Is profit a dirty word? Would the world be better off without them? Or are profits progressive — the only thing that can move potatoes from Idaho to Manhattan and medicine from America to Africa? Professor and economist Walter Williams explains.
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COPYRIGHT 2013 CREATORS.COM Born in Philadelphia in 1936, Walter E. Williams holds a bachelor's degree in economics from California State University (1965) and a master's degree (1967) and doctorate (1972) in economics from the University of California at Los Angeles. Please contact your local newspaper editor if you want to read the WALTER WILLIAMS column in your hometown paper.