Episode 510: The Birth Of The Minimum Wage


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Blue eagle
Franklin D. Roosevelt Library

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.

Subscribe to the podcast. Music: The Title Sequence's "Payday." Find us: Twitter/ Facebook/Spotify/ Tumblr. Download the Planet Money iPhone App.



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