The Wal-Mart Revolution
How Big-Box Stores Benefit Consumers, Workers, and the Economy

  • Title:

    The Wal-Mart Revolution
  • Format:

    Paperback
  • Paperback Price:

    20.00
  • Paperback ISBN:

    978-0-8447-4244-1
  • Paperback Dimensions:

    6'' x 9''
  • 226 Paperback pages
  • Buy the Book

Click here to view the full book as an Adobe PDF.

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 debates over Wal-Mart's impact on worker wages, labor issues, and health-insurance and land-use policies.

The Wal-Mart Revolution provides useful facts about the company, the U.S. retail industry, labor economics, health-care policy, and land-use realities in America today. Economist Vedder and public-private partnerships expert Cox painstakingly analyze available evidence before concluding 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.

Though the book was written without any cooperation from Wal-Mart, Vedder and Cox address several criticisms often lobbed at the company and demolish them one-by-one:

  • Wal-Mart workers are paid fairly--given their level of skills and experience, and compared to other retail firms, Wal-Mart employees do well
  • Wal-Mart's fringe benefits--health-care coverage, retirement benefits, and more--are similar to those of other retail firms, and very few Wal-Mart workers go without health insurance
  • Big boxes mean big business: communities with new Wal-Mart stores typically enjoy increased employment and incomes after the store opens
  • Wal-Mart benefits the poor, in particular, in the form of lower prices and new job opportunities
  • Attempts to keep Wal-Mart out of communities through zoning restrictions, mandatory health insurance, or special high minimum wages hurt citizens, especially those with lower incomes


Richard Vedder is a visiting scholar at AEI, and director of the Center for College Affordability and Productivity in Washington, D.C.

Wendell Cox is an international public policy consultant and principal of Wendell Cox Consultancy (Demographia).

 

Also Visit
AEIdeas Blog The American Magazine
About the Author

 

Richard
Vedder

What's new on AEI

image Recovering from tax time blues
image 10 welfare reform lessons
image Let HHS nominee Sylvia Burwell explain Obamacare lie
image Why bold ideas backfire in politics
AEI on Facebook
Events Calendar
  • 14
    MON
  • 15
    TUE
  • 16
    WED
  • 17
    THU
  • 18
    FRI
Wednesday, April 16, 2014 | 10:00 a.m. – 11:00 a.m.
Calling treason by its name: A conversation with Liam Fox

Join us at AEI as the Right Honorable Liam Fox sits down with Marc Thiessen to discuss and debate whether America’s intelligence agencies have infringed on the personal privacy of US citizens.

Event Registration is Closed
Thursday, April 17, 2014 | 4:00 p.m. – 5:00 p.m.
The curmudgeon's guide to getting ahead

How can young people succeed in workplaces dominated by curmudgeons who are judging their every move? At this AEI book event, bestselling author and social scientist Charles Murray will offer indispensable advice for navigating the workplace, getting ahead, and living a fulfilling life.

No events scheduled this day.
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.