Anti-Wal-Mart crusaders take Wal-Mart’s “negative long-run impact” as an article of faith without solid empirical or theoretical support. Readers interested in good economics should consult Bill Anderson’s discussion of the predatory pricing doctrine and Emek Basker’s study of Wal-Mart’s long run impact on employment.
In addition, Russell Roberts has written several articles on Wal-Mart that can be linked through his website, invisibleheart.com. One article talks about the impact of “Big Box” retail on small businesses and communities. Another speaks of Wal-Mart specifically. Happy reading!