qwerty888

So minimum wage in Manhattan should be set at $50/hour?

What peer-reviewed research paper are you citing for your claim?

I'm actually an economist and the term is only used by non-economists.

Not according to this.

"Farm workers had low individual earnings from farm work; the median income from farm work was between $2,500 and $5,000. Three-fourths earned less than $10,000 annually."

http://www.doleta.gov/agworker/report/ch3.cfm

Economists don't like protectionist unions. Who determines a "living wage"? Should someone working as a cashier in Walmart be able to afford an apartment in Manhattan?

What "business ethics" are you referring to?

Costco's median customer lives in a $75K household. Poor people certainly don't have the same purchasing power to buy high-end products in bulk.