Walter Williams on Free Market Morality

Dr. Walter Williams has been a proud libertarian advocate for free markets and limited government for decades. He's teamed up with nationally syndicated talk show host and bestselling author Dennis Prager for one of the Prager University online courses. The concept is simple: five-minute videos on important cultural, economic and political issues with leading minds from around the country. This latest installment at Prager U tackles some important questions that defenders of free enterprise need to consider in order to craft coherent, cohesive messages in the weeks, months and years ahead.

Is the free market morally superior or inferior to other economic systems? If it's morally superior, what makes it so? If it's morally inferior, do we need greater government control of the economy?

Walter Williams of George Mason University faces these questions head on and with bracing clarity.