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Raising the Floor: Federalism and the Politics of US Minimum Wage Policy

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A rich history of the development of American minimum wage policy with lessons for today.

Despite broad popular support for robust minimum wage policy, the federal minimum wage is now worth less—in real, inflation-adjusted terms—than at any time since 1949. While some state and local governments have stepped in to fill this void, others have declined to set any minimum wage standard at all. Traversing more than 100 years of history, Raising the Floor examines how interest groups have naviga...