To be more clear: many economists think there should be no minimum wage because it sets an artificial floor on the market. An unpaid intern is earning what the

To be more clear: many economists think there should be no minimum wage because it sets an artificial floor on the market. An unpaid intern is earning what the market will bear. Put another way, they are paying for an education with time instead of money. http://www.econlib.org/library/Enc/MinimumWages.html http://www.econlib.org/library/Enc/MinimumWages.html