Choose an academic article on the effects of raising the minimum wage and talk about it to start. Does raising the minimum wage result in job losses or does it have a net beneficial impact on employment? Do you concur or disagree with the study's findings? What additional important factors, in your opinion, ought to be taken into account in the study? Describe the route that conscious capitalism would use to raising the minimum wage. Provide instances to back up your position.

Please only submit original responses, and cite the academic piece.