The video below is of a panel discussion hosted by the F. A. Hayek Program for Advanced Study in Philosophy, Politics and Economics at the Mercatus Center on Benjamin Powell's new book,
Out of Poverty: Sweatshops in the Global Economy. The panel is made up of its chair, Peter Boettke, and commenters, Matthew Yglesias and Megan McArdle.
Powell's book provides a defence of third-world sweatshops. It explains how these sweatshops provide the best available opportunity to workers and how they play an important role in the process of development that eventually leads to better wages and working conditions.
A direct link to the video is
available here.
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