The Wal-Mart Revolution
About This Event

As the 2008 elections begin to heat up, concerns ranging from health care to wages and employment dominate the domestic political discourse. In these discussions, Wal-Mart, the world’s largest retailer, is often vilified as an evil corporate empire determined to place profits before its employees. Are such characterizations true or Listen to Audio

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is Wal-Mart actually improving the standard of living of Americans through job creation and affordable products? In their book
The Wal-Mart Revolution (AEI Press, 2006), authors Richard Vedder and Wendell Cox analyze the available economic data to determine Wal-Mart’s impact on consumers, employee wages and benefits (including health care), and local economies.

Please join us as economist Richard Vedder and Wal-Mart Watch founder Andrew Grossman investigate and evaluate the impact of Wal-Mart on the economic well-being of Americans. Columnist Michael Barone addresses the impact of the Wal-Mart issue on the 2008 elections and AEI’s director of economic policy studies, Kevin A. Hassett, moderates.

9:45 a.m.
Richard Vedder, coauthor of The Wal-Mart Revolution
Michael Barone, U.S. News & World Report
Andrew Grossman, Grossman Innovative Strategies; founder of
Wal-Mart Watch
Kevin A. Hassett, AEI
Event Materials
The Wal-Mart Revolution
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AEI Participants


Kevin A.
  • Kevin A. Hassett is the State Farm James Q. Wilson Chair in American Politics and Culture at the American Enterprise Institute (AEI). He is also a resident scholar and AEI's director of economic policy studies.

    Before joining AEI, Hassett was a senior economist at the Board of Governors of the Federal Reserve System and an associate professor of economics and finance at Columbia (University) Business School. He served as a policy consultant to the US Department of the Treasury during the George H. W. Bush and Bill Clinton administrations.

    Hassett has also been an economic adviser to presidential candidates since 2000, when he became the chief economic adviser to Senator John McCain during that year's presidential primaries. He served as an economic adviser to the George W. Bush 2004 presidential campaign, a senior economic adviser to the McCain 2008 presidential campaign, and an economic adviser to the Mitt Romney 2012 presidential campaign.

    Hassett is the author or editor of many books, among them "Rethinking Competitiveness" (2012), "Toward Fundamental Tax Reform" (2005), "Bubbleology: The New Science of Stock Market Winners and Losers" (2002), and "Inequality and Tax Policy" (2001). He is also a columnist for National Review and has written for Bloomberg.

    Hassett frequently appears on Bloomberg radio and TV, CNBC, CNN, Fox News Channel, NPR, and "PBS NewsHour," among others. He is also often quoted by, and his opinion pieces have been published in, the Los Angeles Times, The New York Times, The Wall Street Journal, and The Washington Post.

    Hassett has a Ph.D. in economics from the University of Pennsylvania and a B.A. in economics from Swarthmore College.

  • Phone: 202-862-7157
  • Assistant Info

    Name: Emma Bennett
    Phone: 202-862-5862


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