Our findings suggest that the efficiency aspects of a modest rise in the minimum wage are overstated….
[W]e find no evidence for a large negative employment effect of higher minimum wages. Even in the earlier literature, however, the magnitude of the predicted employment losses from a much higher minimum wage would be small: the evidence at hand is relevant only for a moderate range of minimum wages, such as those that prevailed in the U.S. labour market during the past few decades.
Within this range, however, there is little reason to believe that increases in the minimum wage will generate large employment losses.
David Card and Alan B. Krueger, Myth and Measurement: The New Economics of the Minimum Wage, (Princeton: Princeton University Press, 1995, p. 393).
Utopia, you are standing in it! 
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