Thomas Sowell makes quite a convincing argument that minimum wages stop people getting onto the bottom rung if the employment ladder. He convinced me to an exte

Thomas Sowell makes quite a convincing argument that minimum wages stop people getting onto the bottom rung if the employment ladder. He convinced me to an extent, in that it can be useful for young people starting out and small companies that couldn't otherwise afford staff. But I do think it need to be balanced with some checks to stop it being exploited by companies who can afford it.