Money & Economic History

The industry that outvalued U.S. Steel in 1962 was gone by 1975

Home milk delivery was once one of the most profitable industries in America. Then the…

9 Companies That Paid Workers in Scrip, Goods, or Tokens Instead of Cash

Before minimum wage laws had teeth, some of America's biggest employers handed workers tokens, store…

The bread riots that nearly ended Egypt’s government

In January 1977, Egypt cut its bread subsidies. Within 48 hours, the country was on…

How America lost more than 3,000 banks in 14 years and what it cost ordinary families

Between 1980 and 1994, more American banks failed than at any point since the Great…