Example image of eyePlorer eyePlorer map for 'Minimum wage': Wage Sweatshop George Stigler Thomas Sowell Australia New Zealand People's Republic of China Pound sterling United States dollar Washington List of minimum wages by country Mainstream economics Economic equilibrium Price floor Economic surplus Monopsony Company town Piero Sraffa Cornell University Market power Market failure Employment Marginal revenue productivity theory of wages Competition law Free lunch Regulated market Earned income tax credit Work ethic Profit margin Inflation Poverty South Africa under apartheid International Labour Organization Organisation for Economic Co-operation and Development Conservative Party (UK) United Kingdom Economist Economic model Elasticity (economics) Empirical Labour economics Market Perfect competition Supply and demand Generalized least squares Ordinary least squares Gary Becker Joseph Stiglitz Kevin M. Murphy N. Gregory Mankiw