A história racista do salário mínimo

In 1931, Congress passed the Davis-Bacon Act, requiring uniform wages for any workers employed in federally funded public works projects. In 1933, the National Industrial Recovery Act was signed into law, mandating industry-specific wages throughout the economy. In 1938, the Fair Labor Standards Act — the only one of the three to remain permanently on the books — took effect, initially imposing a federal minimum wage for any worker engaged in interstate commerce.

“All of the...

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The Racist History of Minimum Wage Laws

In 1966, Milton Friedman wrote an op-ed for Newsweek entitled "Minimum Wage Rates." In it, he argued "that the minimum-wage law is the most anti-Negro law on our statute books." He wa

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