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William E. Simon Biography

William E. Simon

William Edward Simon (November 27, 1927 – June 3, 2000) was an American businessman, a Secretary of Treasury of the U.S. for three years, and a philanthropist. He became the 63rd Secretary of the Treasury on May 9, 1974, during the Nixon administration. After Nixon resigned, Simon was reappointed by President Ford and served until 1977 when President Carter took office. Outside of government, he was a successful businessman and philanthropist. The William E. Simon Foundation carries on this legacy. He was a strong advocate of laissez-faire capitalism. He wrote, "There is only one social system that reflects the sovereignty of the individual: the free-market, or capitalist, system".

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William E. Simon Quotes

The American citizen must be made aware that today a relatively small group of people is proclaiming its purposes to be the will of the People. That elitist approach to government must be repudiated.

American, Approach, Elitist, Government, Groups, People

The nation ought to have a tax system which looks like someone designed it on purpose.

Designed, Like, Looks, Political, Purpose, Tax

Infinitely more important than sharing one's material wealth is sharing the wealth of ourselves-our time and energy, our passion and commitment, and, above all, our love.

Commitment, Generosity, Passion, Sharing, Time

If you really want to help the poor, help the rich. They're the ones who will invest, build more factories, create more jobs.

Factories, Helping, Invest, Jobs, Want

Friedmans influence reaches far beyond the academic community and the world of economics. Rather than lock himself in an ivory tower, he has joined the fray to fight for the survival of this great country of ours.

Country, Fighting, Friedmans, Ivory Tower, Tower

Freedom is strangely ephemeral. It is something like breathing; one only becomes acutely aware of its importance when one is choking.

Breathing, Ephemeral, Freedom, Love

The advantage of the cauliflower is that if all else fails, you can always cover it with melted cheese and eat it.

Advantage, Cheese, Cover, Failing, Fails

Is it not strange that the descendants of those Pilgrim Fathers who crossed the Atlantic to preserve their own freedom of opinion have always proved themselves intolerant of the spiritual liberty of others?

Father, Fathers, Liberty, Spiritual, Strange

Productivity and the growth of productivity must be the first economic consideration at all times, not the last. That is the source of technological innovation, jobs, and wealth.

Growth, Innovation, Jobs, Source, Wealth

Writing checks for charities is necessary and important. But it can't compare with corporal works of mercy, which are infinitely greater.

Charity, Checks, Important, Mercy, Works, Writing

Bad politicians are sent to Washington by good people who don't vote.

Bad, People, Political, Vote, Voting

I continue to believe that the American people have a love-hate relationship with inflation. They hate inflation but love everything that causes it.

American, Believe, Everything, Hate, Inflation, People

If you would not confront your neighbor and demand his money at the point of a gun to solve every new problem that may appear in your life, you should not allow the government to do it for you.

Government, Gun, Liberty, Neighbor, Point, Problem

Achievers must not be penalized or parasites rewarded if we aspire to a healthy, productive, and ethical society.

Ethical, Healthy, Parasites, Productive, Rewarded

The fact throughout history is that whenever government dominates the economic affairs of its citizenry, a free society is eroded, then destroyed, and a minority government ensues. Personal liberty without economic liberty is an absolute contradiction; the one cannot exist without the other.

Eroded, Facts, Government, Liberty, Personal

Personal liberty without economic liberty is an absolute contradiction; the one cannot exist without the other.

Absolute, Contradiction, Economic, Libertarian, Liberty, Personal