Minimum wage laws essentially limit our freedom to enter into contracts. It regulates a contract between a employee and and employer. For example I might be willing to work below 10$ an hour to gain experience and skills, but government says no. The law interferes with the voluntary exchange between two parties.
What it does it that it leaves anyone, who does not provide value at or above minimum wage, permanently unemployable. You are priced out of the job market. That harms minorities and unskilled labor.
People do work legally below minimum wage. Those are called self-employed people. The government for some reason dictates how much one can get paid, when the value that person provides go through an employer. But if that person sells his
What it does it that it leaves anyone, who does not provide value at or above minimum wage, permanently unemployable. You are priced out of the job market. That harms minorities and unskilled labor.
People do work legally below minimum wage. Those are called self-employed people. The government for some reason dictates how much one can get paid, when the value that person provides go through an employer. But if that person sells his