The Wal-Mart Revolution: How Big-Box Stores Benefit Consumers, Workers, and the Economy
The activities of Wal-Mart and other big-box retailers have become rallying cries for both sides of the political aisle. Richard Vedder and Wendell Cox’s book, The Wal-Mart Revolution: How Big-Box Stores Benefit Consumers, Workers, and the Economy, is aimed at those involved in the current debates over Wal-Mart’s impact on worker wages, labor issues, and health-insurance and land-use policies. Drawing from a wealth of available evidence, Vedder and Cox conclude that the economic transformation in American retailing which is personified by Wal-Mart has largely been good for Americans and the economy. Wal-Mart’s basic business strategies have had a profoundly positive impact on America’s productivity, wages, consumer prices, and other key economic variables.