In Mr Tulip's view, a good part of the difference between the low equilibrium rate of unemployment in America (and Britain) and the much higher rates in continental Europe can be attributed to Europe's higher minimum wages.

ECONOMIST: Economics focus

The economic effect of such small raises, if the minimum wage is set close to the equilibrium point for low and unskilled workers, is not huge in itself, though it has ramifications for general wage levels, for bargaining over wages and benefits.

FORBES: The Awful Minimum Wage

Using a reaction equilibrium metaphor, Fear and Greed are two reasonably stable, low-energy states for a Board, and which one is the preferred resting state depends on the makeup of the group.

FORBES: The Energetics of Fear and Greed in the Boardroom