Monday, December 14, 2020

Dr. Walter Williams: How to stay out of poverty

We remember Professor Walter Williams who passed away last week.  He was born in Philadelphia in 1936 and earned a bachelor's degree in economics from California State University (1965), a master's degree (1967) and doctorate (1972) in economics from the University of California at Los Angeles.   In 1980, he joined the faculty of George Mason University in Fairfax, Va., and became the John M. Olin Distinguished Professor of Economics.

Williams sent a message to young people on how to stay out of poverty:

"Avoiding long-term poverty is not rocket science.First, graduate from high school.
Second, get married before you have children, and stay married.
Third, work at any kind of job, even one that starts out paying the minimum wage.
And, finally, avoid engaging in criminal behavior." 
Makes a lot of sense!    Dr. Williams's suggestions are a part of his life story.

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