What position do libertarians take on minimum wage laws?

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This article is from the Libertarian FAQ, by Joe Dehn jwd3@dehnbase.fidonet.org, Robert Bickford rab.AT.daft.com, Mike Huben mhuben@world.std.com and Advocates for Self-Government http://www.self-gov.org/ with numerous contributions by others.

61 What position do libertarians take on minimum wage laws?

Skilled, experienced workers make high wages because employers compete
to hire them. Poorly educated, inexperienced young people can't get
work because minimum wage laws make them too expensive to hire as
trainees. Repeal of the minimum wage would allow many young, minority
and poor people to work.

It must be asked, if the minimum wage is such a good idea, why not
raise it to $200 an hour? Even the most die-hard minimum wage advocate
can see there's something wrong with that proposal.

The only "fair" or "correct" wage is what an employer and employee
voluntarily agree upon. We should repeal minimum wage now. [3]

[3] "The Liberator," Spring 1992, pp. 18-19, Advocates for Self-
Government, 3955 Pleasantdale Road, No. 106-A, Atlanta, GA 30340,
(800)932-1776.