The Birth Of The Minimum Wage In America

In 1895, the legislators in New York state decided to improve working conditions in what at the time could be a deadly profession: baking bread. […]

A Tiny Taper, In 2 Graphs

In the past five years, the Federal Reserve has created roughly $3 trillion out of thin air. The Fed uses the money it creates out […]

The Afterlife Of American Clothes

This story is part of the Planet Money T-shirt project. Jeff Steinberg had a maroon and white lacrosse jersey that he wore for years. It […]

What’s A Bubble?

Robert Shiller was surprised when he got the call telling him he’d won the Nobel Memorial Prize in economics — surprised that he’d won (of […]