I like to

"In sum, we view the literature – when read broadly and critically as largely solidifying the view that minimum wages reduce employment of low-skilled workers, and as suggesting that the low-wage labor market can be reasonably approximated by the neoclassical competitive model. Of course, as we have argued elsewhere, the effect of the minimum wage on employment represents only one piece of the analysis necessary to assess whether minimum wages are a useful policy tool for improving the economic position of those at the bottom of the income distribution – which we believe is the ultimate goal of minimum wage policy. In particular, a more comprehensive review that includes the implications of the minimum wage for the levels and distributions of wages, employment and hours, incomes, and human capital accumulation, as well as consideration of alternative policies, is ultimately needed to assess whether raising the minimum wage is good economic policy. Given that the weight of the evidence points to disemployment effects, any argument in favor of pursuing higher minimum wages would appear to require that the benefits of a higher minimum wage outweigh the costs of the employment losses for those workers who are adversely affected."

tl;dr in a 184 page study they found more evidence for disemployment effects of a minumum wage but more study on whether it is good policy in the low wage labor market is necessary.

So it brings us into a standard of living debate.