Western Electric 500: Monopoly phone

For years, even decades, virtually everyone in the United States had the same telephone. You didn't even think about it — it was just The Phone. Well, The Phone was called the Western Electric 500, and it was the result of nearly a century of AT&T's monopoly over the US phone system. It was also a really great phone. In this episode of Version History, David Pierce, Nilay Patel, and author and professor Tim Wu explain how AT&T's monopoly grew, how the phone system worked, and how it happened that there was really only one phone in the country. Until the whole system started to fall apart.

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