Minimum wages cause unemployment.
Despite what economics teaches us someone somewhere will always argue that it ain't so. Minimum wages is one subject that certainly falls into the 'ain't-so' category. Now the OECD study claimed that minimum wages have little impact on adult employment levels and that they can only account for a small fraction of teenage unemployment. However, the study's authors covered their backsides by pointing out that they only covered short-term employment changes. What was missing from this report was any economics.