It took a quarter-century for America to establish the minimum wage in 1938. It quickly became one of the most popular things governments do. So why hasn’t Congress raised the minimum wage in more than a decade? Because economists are divided about its impact. But the reason citizens support a higher minimum wage may have nothing to do with economics. It may be about fairness.
Fairer
Americans with Disabilities Act
No law before or since has changed the built environment as much as the Americans with Disabilities Act and yet done so in ways so subtle as to be unnoticed by most. But if you are in a wheelchair—or are pushing a stroller or dragging wheeled luggage—you’ve benefited from its changes, which make America a fairer and more accessible place for millions of adults and children.
Civil Rights and Voting Rights
The Civil Rights Act of 1964 and Voting Rights Act of 1965 demolished segregation in the South and took steps toward righting the terrible wrongs visited on African Americans. For these reasons, we should give thanks to the federal government. But these two laws also offer us important lessons today about why and how governments take historic actions—and how government actions can remove barriers to changed hearts.
Public Transit
Public transit didn’t start out as a government service. For more than a century, it was a for-profit industry that government assisted and regulated. When ridership declined and corporations abandoned the business, governments stepped in to keep transit alive. Why? Because buses and trains help cities work better. They also make urban life more affordable and appealing.
Honest Markets and Sound Banks
If you’ve ever opened a bank account or invested in the stock market, you can thank government for making these everyday investments secure. When did the government get into the business of keeping Wall Street honest and banks sound? During the greatest economic calamity of the past century, the Great Depression of the 1930s. Here’s how the federal government created its regulatory structure, public corporations and banks accepted it, and we have all benefited as a result.