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Always Low Prices -- Always: Blog Reactions to the GI Conference

"Today we’ve chosen Dr. David Neumark, an economist with the Public Policy Institute of California who co-authored a paper for Wal-Mart’s self-funded academic conference today in Washington, DC. Neumark dared to challenge the company on its own dime, and presented a paper that contradicts today’s other rosy presentations. His study examined Wal-Mart’s effect on employment and earnings, and concluded that “Residents of a local labor market do indeed earn less following the opening of Wal-Mart stores.”"
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