From the Ayn Rand Institute: Communities Should Welcome Wal-Mart -- in the Name of Freedom and Justice by Edwin A. Locke.
How would you like to be penalized because you do your work too well -- for example, for running your business so effectively that it attracts hordes of happy customers? Well, this is what is happening more and more frequently to Wal-Mart. ...
It is quite true that Wal-Mart has been successful in outcompeting other stores which sell the same products, such as toys, clothing, and groceries. But how has it been able to do this? By discovering new ways of using computer systems and other technology to better manage its inventory and costs and reap the benefits of economy of scale.
And an annual favorite of ours from the Ayn Rand Institute: Why Christmas Should Be More Commercial by Leonard Peikoff.
Merry Christmas, everyone!
UPDATE -- Dec. 22: Donald Sensing on the War on Wal-Mart (hat tip Tom Pechinski).
Posted by Forkum at December 21, 2005 07:36 PM