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Should we abolish the minimum wage?

Should we abolish the minimum wage?
Harry Young (Lower Sixth) - John Locke Institute Global Essay Competition entry

Harry has already won a Highly Commended award from Minds Underground in May for his essay “Is austerity ever necessary?” and has submitted a second Economics essay this time for the prestigious John Locke Institute Global Essay Competition, which encourages “young people to cultivate the characteristics that turn good students into great writers: independent thought, depth of knowledge, clear reasoning, critical analysis and persuasive style.”  Harry’s essay, entitled “Should we abolish the minimum wage?” discussed the impact of abolishing the NMW, analysed within the context of three closely-linked macroeconomic objectives crucial to labour market regulation: reducing unemployment; alleviating poverty and exploitation of workers; and reducing income inequality.  He will hear the outcome of his entry, which you can read by clicking the link below, in the coming weeks.

Should we abolish the minimum wage? - John Locke Institute Global Essay Competition entry

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