That is the lesson Chicago politicians need to learn:
Chicago needs new jobs. Wal-Mart wants to provide jobs to Chicago. Alderman Howard Brookins wants Wal-Mart in his 21st Ward. Yet the company and the alderman face huge resistance from the City Council to a proposal for a Wal-Mart Supercenter on the South Side, at 83rd Street […]
Archive for the 'Wal-Mart' Category
Jul17th2009
A Wal-Mart Job Is Better Than No Job
Published by in Economics, ModernPolitics and Wal-Mart. 5 CommentsJul1st2009
Why Would Wal-Mart Support Obama’s Healthcare Reform?
Published by in Economics, HealthCare, ModernPolitics and Wal-Mart. 0 CommentsMegan McArdle explains the basic economics behind the decision:
…Wal-Mart is in favor of this because it raises the barriers to entry in the retail market, and hammers Wal-Mart’s competition.
… even in liberal academic literature, it is a commonplace that regulations disproportionately benefit several types of firms:
a) Incumbents
b) Market leaders
c) Firms with the most employees
Regulation has […]
Apr13th2009
“According to Forbes, Wal-Mart was the most generous corporation in America in 2007 (probably the world too), giving away $301 million in cash gifts to the Children’s Miracle Network, Feeding America, The Salvation Army, the American Red Cross, the United Way of America, National Fish and Wildlife Foundation.” — Quote via Mark Perry, who has […]
Oct10th2008
Another Reason To Like Wal-Mart: Weight
Published by in Economics, Hispanics (Minority Issues) and Wal-Mart. 0 CommentsA new research paper:
We estimate the impacts of Wal-Mart and warehouse club retailers on height-adjusted body weight and overweight and obesity status, finding robust evidence that non-grocery selling Wal-Marts reduce weight while grocery-selling Wal-Marts and warehouse clubs either reduce weight or have no effect. The effects appear strongest for women, minorities, urban residents, and the […]
Apr21st2008
Quote Of The Day
Published by in (modern day) Liberalism, Academia, Economics, Education, General, University and Wal-Mart. 1 Comment“I have never quite encountered an intrinsically less fair institution than the university, at least in liberal terms of egalitarianism and respect for the underclass. A full professor may damn Wal-Mart, but Wal-Mart would never get away with the two-tier system that the university in built upon: the PhD part-timer has no job security, sometimes […]
Jan28th2008
Jobs:
They came in droves — high school students, retirees, young moms, the unemployed — all for a shot at a job at a new Wal-Mart on Memorial Drive in central DeKalb County.
In just two days, and with virtually no advertising or even any signs, a staggering 7,500 people filled out applications for one of the […]
Jan10th2008
“Ever since Starbucks blanketed every functioning community in America with its cafes, the one effect of its expansion that has steamed people the most has been the widely assumed dying-off of mom and pop coffeehouses. Our cities once overflowed with charming independent coffee shops, the popular thinking goes, until the corporate steamroller known as Starbucks […]
Aug31st2007
Wal-Mart Is The Poor And Minorities Friend
Published by in Economics, General, Hispanics (Minority Issues) and Wal-Mart. 12 CommentsLatino Politics Blog reports that, Wal-Mart Named One Of The Best Companies For Latinas…yet decided to continue its boycott of the company anyways.
You can read the blog and fellow commenter’s reason for taking that stance but I post here the other side of the argument. I left this comment on the blog (a comment that […]
Aug15th2007
The Politics Of Unions
Published by in Economics, General, Minimum Wage, Unions and Wal-Mart. 1 CommentGary Becker, Nobel Laureate in economics, writes:
Unions always favor increases in minimum wages, even when as in this case the minimum only apply to some employers. Any increase in the minimum wage would raise the demand for unionized skilled workers who would substitute for the less skilled employees displaced by the minimum. Unions have […]
Oct25th2006
One Of The Many Reasons Why I Like Wal-Mart
Published by in Economics, General and Wal-Mart. 3 CommentsWal-Mart is doing what it does best - bringing employment to areas that are in desperate need of it:
Bringing Wal-Mart to Chicago was a four-year journey that pitted unions and small business owners against politicians and activists eager to bring jobs to the city’s economically depressed West Side.
More than 15,000 people […]
Sep19th2006
Quote Of The Day
Published by in (modern day) Liberalism, Economics, General, Minimum Wage and Wal-Mart. 17 Comments“The nonsense we hear from liberals about “living wages” at Walmart is just another example of liberals trying to babysit everybody with their dumb economic ideas. Ideas which can be tested very easily, by the way. If Walmart isn’t paying enough, they should have a hard time filling openings, but if people are willing to […]
Sep18th2006
Quote Of The Day
Published by in (modern day) Liberalism, Economics, General, ModernPolitics and Wal-Mart. 0 Comments“Liberals think their campaign against Wal-Mart is a way of introducing the subject of class into America’s political argument, and they are more correct than they understand. Their campaign is liberalism as condescension. It is a philosophic repugnance toward markets, because consumer sovereignty results in the masses making messes. Liberals, aghast, see the choices Americans […]
Sep15th2006
George F. Will, writing in the Washington Post, gives the difference Wal-Mart makes:
The median household income of Wal-Mart shoppers is under $40,000. Wal-Mart, the most prodigious job-creator in the history of the private sector in this galaxy, has almost as many employees (1.3 million) as the U.S. military has uniformed personnel. A McKinsey company study […]
Sep13th2006
Reactionary Democrats Attack Wal-Mart
Published by in Economics, General, ModernPolitics and Wal-Mart. 2 CommentsPankaj Ghemawat of Harvard Business School writes that the attack on Wal-Mart is nothing new:
History also provides perspective on the current clamor around Wal-Mart. When catalog pioneers Sears and Montgomery Ward seemingly threatened small-town retailers with extinction in the nineteenth century, those retailers mounted an energetic counterattack. The rise of chain stores in the 1920s […]
Aug30th2006
“Between 1990 and 2002 more than 174 million people escaped poverty in China, about 1.2 million per month. With an estimated $23 billion in Chinese exports in 2005 (out of a total of $713 billion in manufacturing exports), Wal-Mart might well be single-handedly responsible for bringing about 38,000 people out of poverty in China each […]
Aug28th2006
Democrats’ Shameful Wal-Mart Demonization
Published by in Economics, General, ModernPolitics, Unions and Wal-Mart. 2 CommentsThat’s the title of a recent editorial in the Los Angeles Times. Here is the article in full:
Democrats’ Shameful Wal-Mart Demonization
Presidential hopefuls only hurt themselves when pandering to unions by bashing the country’s largest employer.
WITH ONE EYE ON 2008 and one on their labor union base, Democratic luminaries are canvassing Iowa and other states this […]
