Wednesday, October 26, 2005
Is Wal-Mart Good Or Bad For The Economy?
To answer the good-bad question, Wal-Mart is sponsoring a debate of economists, who will present papers on the topic on Nov. 4th. While I'm guessing this was assumed to be a slam-dunk for Wal-Mart, previews of the papers are showing that it's not necessarily the case. Not only are some of the studies looking to knock WM off its "we help more than we hurt" pedestal, but additionally, they might even go so far as to question WM's efficiency advantage over mom-and-pop competitors.
Needless to say, I await further info on this, and will attempt to follow up on this as more becomes available.