Russ Roberts dismantles recent anti-WM criticism here.
An idea, for anyone interested: critics accuse WM of paying sub-standard wages, but from what I understand, they also offer deep employee discounts. Has anyone calculated the value of Wal-Mart’s total compensation accounting for these discounts? Reducing one’s grocery bill by 25% could be a powerful incentive to Wal-Mart employment, and one that might not show up in the wage data.
