This doesn't seem like a very good analysis. For one, it makes sweeping generalisations about the economy. It is not true that employers always have market pow

This doesn't seem like a very good analysis. For one, it makes sweeping generalisations about the economy. It is not true that employers always have market power and employees don't. There are lots of areas where it's inverted. The most obvious example right now is AI researchers but software in general is and has been for a long time an employees market. By the same logic that this author uses to justify minimum wages because it's hard for employees to find new jobs in some sectors, you could justify maximum wages because it's hard for employers to find new employees in some sectors. But nobody would support that - it'd be absurd.