Episode 510: The Birth of the Minimum Wage
by from NPR: Planet Money on (#2XVS)
Episode 510: The Birth of the Minimum Wage February 11, 2015 6:34 PM ET Listen 16 min 55 sec Save this episode to Stitcher: Listen to this later on Stitcher Franklin D. Roosevelt Library
Note: Today's show is a rerun. It originally ran in January 2014.
For most of U.S. history, there was no minimum wage. A few times, politicians passed laws tiptoeing toward a minimum. But the Supreme Court struck those laws down.
On today's show: how the U.S. finally got a minimum wage. It's a story of exploding bakeries, a blue eagle, and a guy who may or may not have been drunk.
For more:
- Two economists look at fast food restaurants to see the effects of the minimum wage:
- A mall that straddles two cities: one end of the mall has one minimum wage, the other has a different minimum.
Music: The Title Sequence's "Payday." Find us: Twitter/ Facebook/ Spotify/ Tumblr.
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