The Job-Killing Impact of Minimum Wage Laws

Minimum wage laws seem like a good idea, but arbitrarily mandating a certain wage can have terrible consequences. This CF&P Foundation mini-documentary reveals that business are not charities, so if the minimum wage is set above the market level, this eliminates job opportunities—particularly for the less fortunate members of society. Since employees and employers should have freedom of contract, the right minimum wage is zero.

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