Places to visit america for In particular, binding price floors such as minimum wages and agricultural price supports lead to surpluses. Some of the programs used to eliminate these surpluses are costly. Alternative policies must take into account the laws of supply and demand and not hinder the market forces at work. If the government can develop such policies, they will be more effective in reaching the desired effect than price restrictions. BIBLIOGRAPHY. Jonathon Grossman, Fair Labor Standards Act of 1938: Maximum Struggle for a Minimum Wage, Monthly Labor Review (v.101, 1978); Thomas Rustici, A Public Choice View of the Minimum Wage, Cato Journal (v. Places to visit america 2016.