There is no empirical evidence that it causes job loss. Nor a complete, coherent economic argument. It's perfectly plausible, even likely, that an increase in t

There is no empirical evidence that it causes job loss. Nor a complete, coherent economic argument. It's perfectly plausible, even likely, that an increase in the minimum wage leads to an increase in the demand for labor. On the empirical side, Germany just introduced a minimum wage for the first time and unemployment is at all time record lows. The estimated job losses did not materialize. The labor market is incredibly fucked anyway. Imagine you, and everyone else has a gold nugget. However, by law you, and everyon else, are required to sell it by the end of the month. Do you think you could get a fair price? There is no free labor market, as long as not working is not a feasible option. That's why an unconditional basic income makes a tremendous amount of sense if you want to make the labor market more efficient.