The Unbelievable Truth about Sweatshops

Benjamin Powell

Benjamin Powell is the director of the Free Market Institute at Texas Tech University and a professor of economics at the Rawls College of Business. Previously he was an associate professor of economics at Suffolk University and a senior economist at the Beacon Hill Institute. Powell’s research interests include public choice theory, housing economics, political development, and political economy. He holds a B.S. in finance and economics from the University of Massachusetts Lowell and a Ph.D in economics from George Mason University.

Prof. Ben Powell discusses the importance of sweatshops in third world countries. Despite conventional views on the issue, sweatshops are actually the best alternative available to several third world workers. Further, sweatshops are part of an industrial development process that leads to higher wages and better working conditions. Heartfelt attempts to eliminate sweatshops actually reduce the choices, wages, and working conditions of workers in third world countries.

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