Summer School 2: The golden ages of labor and looms

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  Numbers that explain the economy.

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  We love them at the indicator from planet money.

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  And on Fridays, we discuss indicators in the news, like job numbers, spending, the cost of food, sometimes all three.

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  So my indicator is about why you might need to bring home more bacon to afford your eggs.

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  I'll be here all week.

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  Wrap up your week and listen to the Indicator podcast from NPR.

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  This is planet Money from NPrdez.

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  Welcome back, everyone, to Planet Money summer school economic history of the world.

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  Don't worry, you won't have to spend these sunny days in a dark basement studying a dusty tome.

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  You can just relax as we hit the historical highlights, the big questions, the mysterious players, and as we'll see today, the revolutions moments when the world order gets overturned.

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  I'm Robert Smith, and this is lesson two, the rise of the worker.

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  Every Wednesday till Labor Day, we are meeting here in your ears to explain the world of today with stories from the world of yore.

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  Last week, we explained what money really is and where it comes from.

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  Today, we look at power through the eyes of the workers and the bosses.

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  Two stories today that show you how the balance between employer and employee, rich and poor, can change suddenly and how we can all prepare for and maybe even push for changes happening today.

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  Rejoining us as our guest professor for this lesson is Rebecca Spang from the University of Indiana, Bloomington.

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  Thanks for coming back.

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  Oh, of course.

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  It's so much fun.

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  So why study labor history now?

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