The first page I get when Googling "effects of minimum wage", [1], does not take a particularly simplistic view of the issue. The first paragraph says:

> Recent research shows conflicting evidence on both sides of the issue. In general, the evidence suggests that it is appropriate to weigh the cost of potential job losses from a higher minimum wage against the benefits of wage increases for other workers.

1. https://www.frbsf.org/economic-research/publications/economi...