Whole Foods closing shows Augusta’s “revealed preference”

Photo by Brooke Cagle
Dr. Simon Medcalfe

Dr. Simon Medcalfe, associate professor of Finance and Cree Walker Chair in the James M. Hull College of Business, asks an interesting question in his latest column for the Augusta Chronicle: When companies choose to pay higher wages at the expense of charging customers more at the register, should that behavior be rewarded? Or should consumers follow their wallets and set their sentiments aside?

Read to found out how the city of Augusta revealed its preference through the closure of Whole Foods.

The Augusta Chronicle: Whole Foods closing shows Augusta’s “revealed preference”

Saturday, Feb. 18, 2017

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Nick Garrett

Nick Garrett is a communications coordinator in the Division of Communications & Marketing at Augusta University. Contact him at 706-446-4802 or ngarret1@augusta.edu.

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Written by Nick Garrett

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