https://www.youtube-nocookie.com/embed/LzL_UaXos9I
Further reading:
Minimum Wage Laws by Henry Hazlitt (Chapter 18 in Economics in One Lesson)
Labor Economics From A Free Market Perspective by Walter Block (Chapters 11–17)
Monopsony Theory by Walter Block & William Barnett II
The Non Sequitur in the Revival of Monopsony Theory by Don Bellante
