Jan

29

 Please join us at the Junto on  Thursday, Feb. 5, 2015.

Time: 7:30 p.m. - 10:00 p.m.

Free admission, no RSVP required.

Location: 20 West 44th St., ground floor, New York City

Ben Powell, Director of the Free Market Institute at Texas Tech Univ., will be speaking about his book, Out of Poverty: Sweatshops in the Global Economy

From a review on Amazon by Greg Rehmke:

Ben Powell's Out of Poverty examines today's textile factories in the developing world and their role as a pathway out of poverty. Migrants from rural villages only gradually acquire skills valuable in modern factories. But as poor people learn how to work with textile and other light industry machinery, their earning power and wages rise. Critics of sweatshops wish there was a better, faster way, wish wages and working conditions could be better faster.Ben Powell is a critic of sweatshop critics, and he examines the many claimed shortcuts to prosperity that wishful thinkers say should be adopted (and mandated if not adopted voluntarily). These alleged shortcuts turn out to cause long delays. Ideally, the unskilled of the developing world could migrate to better-paying jobs. And ideally machinery and infrastructure could more quickly "migrate" to developing countries. Sweatshops are a compromise in today's imperfect world that lacks the freedom of movement and investment taken for granted in the decades before World War I.


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