From WBUR:
So you put that all together – younger workers, many of them childless, many in households well above the poverty line – and the conclusion for economists like David Neumark at the University of California, Irvine is pretty clear: “We know very well, and nobody disagrees, that minimum wages do not target poor families well,” he told me in an interview. Neumark says there’s a much better device for tackling poverty: the Earned Income Tax Credit, or EITC. The credit is a direct payout to low-income families who work. “It encourages work,” he said of the EITC. “The second [element] is, it targets those benefits to poor families. You can’t get anything from the EITC if you’re a high-income family.”

Full transcript unavailable.  Audio link available at http://www.wbur.org/2014/04/28/minimum-wage-policy-shop.