Wal-Mart made headlines last week for launching same-day delivery service in direct competition with Amazon.com. This new retail rivalry between the big boys—brick-and-mortar versus virtual—provides yet more evidence that no company, no matter its size, is immune from competition. That’s a lesson federal antitrust prosecutors ought to heed. The “Wal-Mart …
Recent press reports, including a front-page story in the Wall Street Journal, have the news that Wal-Mart has signed a letter to President Obama endorsing the idea of an “employer mandate” – a requirement that employers offer health insurance to their employees. Why would Wal-Mart – the nation’s largest employer …
Defending free trade from politicians who “pander to Americans’ suspicion of foreigners,” George Mason University economics professor Tyler Cowen writes in the New York Times: The last 20 years have brought the world more trade, more globalization and more economic growth than in any previous such period in history. Few …
