Waltonomics: Walmart & Society
Dr. Art Carden discussed the impact Walmart has on the economy and the communities in which it does business. The preponderance of evidence suggests that Walmart makes people--the poor especially--better off. He explained Walmart's costs and benefits and the implications for public policy. Dr. Carden is an associate professor of economics at the Brock School of Business at Samford University.
The Economics of Happiness
Dr. Boris Nikolaev discussed the connections between economics and happiness. He also addressed the paradoxes researchers face in this area of study. Dr. Nikolaev is a researcher at the John F. Baugh Center for Entrepreneurship and Free Enterprise at the Hankamer School of Business at Baylor University.
Scope of Practice and Occupational Licensing
Dr. David Mitchell discussed scope of practice regulation as a form of occupational licensing. He argued that it is intended to protect consumers, but it can have the effect of reducing competition and access to care. Dr. Mitchell is the director of the Arkansas Center for Research in Economics at the University of Central Arkansas.
Entrepreneurship and Post-Disaster Recovery
Dr. Virgil Storr examined the critical roles that commercial, social, and political entrepreneurs perform in order to promote community recovery after disasters. Specifically, he argued that entrepreneurs: 1) provide needed goods and services; 2) help to restore disrupted social networks; and 3) signal that community recovery is likely to occur. Dr. Storr is a Senior Research Fellow at the Mercatus Center at George Mason University.