PolicyGuy

Thursday, November 25, 2004


In Praise of Wal-Mart.
Bashing Wal-Mart has become a hobby in some quarters. But the firm has provided several benefits to the U.S. economy, including enabling the poor to stretch their budgets, providing a productivity boost to the U.S. economy, and reducing the rate of inflation.

"Justice Louis D. Brandeis'?s metaphor of the states as "laboratories" for policy experiments ... had almost nothing to do with federalism and everything to do with his commitment to scientific socialism. .... To this day, it continues to inhibit a truly experimental, federalist politics." -- Michael S. Greve

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