Out of Poverty

Benjamin Powell is the Director of the Free Market Institute at Texas Tech University and a Visiting Professor in the Rawls College of Business. He is a Past President of the Association of Private Enterprise Education and a Senior Fellow with the Independent Institute. Professor Powell is editor of Making Poor Nations Rich: Entrepreneurship and the Process of Development (2008) and co-editor of Housing America: Building Out of a Crisis (2009). He is author of more than 50 scholarly articles and policy studies. His primary fields of research are economic development, Austrian economics, and public choice. Dr Powell's scholarly research on sweatshops has been published in Comparative Economic Studies, the Journal of Labor Research, Human Rights Quarterly, and the Journal of Business Ethics. His research findings have been reported in more than 100 popular press outlets including the Wall Street Journal and the New York Times. He received his PhD in economics from George Mason University.

• 1. Introduction; 2. The anti-sweatshop movement; 3. The economics of sweatshop wage determination; 4. Don't cry for me Kathie Lee: how sweatshop wages compare to alternatives; 5. Health, safety, and working conditions laws; 6. Save the children?; 7. Is it ethical to buy sweatshop products?; 8. A history of sweatshops, 1780–2010; 9. The process of economic development; 10. What good can activists do?; 11. Conclusion.

'This eloquent book makes the compassionate case for sweatshops in poor countries as what poor workers voluntarily select as employers because they are better than the alternatives. It is uncommonly clear in this book that the economists' case for sweatshops is based on what's best for the workers, not what's best for efficiency or profits or First World consumers.' William Easterly, Co-Director, Development Research Institute, New York University, and author of The White Man's Burden and The Elusive Quest for Growth