Mises Wire

We Want to Protect You from Wal-Mart

We Want to Protect You from Wal-Mart

A weblog titled "The Neighborhood Retail Alliance" offers what it calls the "Conservative Case Against Wal-Mart in NYC", an economic study for the case against Wal-Mart, which being served from a small business alliance, should make the reader question the inherent bias and accuracy in which they present the issues The "study" engages in the trade-deficit fallacy when discussing how the dollars are exported and thus diverted from the local economy.

That aside, they do make one compelling point regarding the subsidization of Wal-Mart's employment costs which happens because of existing nanny-state freebies such as healthcare, food programs, housing subsidies, etc (which absent of, the argument goes, Wal-Mart would have to raise salaries substantially to compense).

Whether you hold that against Wal-Mart is an area of discussion I expect Austrians, libertarians and mutualists to clash ideas over. If anyone is interested in preparing a rebutal, I would love to see it.

All Rights Reserved ©
Support Liberty

The Mises Institute exists solely on voluntary contributions from readers like you. Support our students and faculty in their work for Austrian economics, freedom, and peace.

Donate today
Group photo of Mises staff and fellows