Retrospectives: American Economists in the Progressive Era on the Minimum Wage | Zendy

Robert E. Prasch | Zendy

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Retrospectives: American Economists in the Progressive Era on the Minimum Wage

Author(s) -

Robert E. Prasch

Publication year - 1999

Publication title -

the journal of economic perspectives

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 9.614

H-Index - 196

eISSN - 1944-7965

pISSN - 0895-3309

DOI - 10.1257/jep.13.2.221

Subject(s) - legislation , minimum wage , context (archaeology) , wage , supreme court , economics , law , variety (cybernetics) , labour economics , political science , geography , archaeology , artificial intelligence , computer science

Beginning in 1912, a number of states passed minimum wage legislation that applied exclusively to women and minors. These tentative experiments in economic legislation ended in 1923 when the Supreme Court overturned the District of Columbia's minimum wage law. Remarkably, at this time virtually all professional American economists supported some variety of minimum wage legislation; however, they did not all give the same reasons. This paper briefly examines the context in which this minimum wage legislation was passed and then surveys several of the arguments that American economists gave in support of minimum wage laws.

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