Edward III (13 November 1312 – 21 June 1377) was King of England from 25 January 1327 until his death; he is noted for his military success and for restoring royal authority after the disastrous and unorthodox reign of his father, Edward II. Edward III transformed the Kingdom of England into one of the most formidable military powers in Europe. His long reign of fifty years was the second longest in medieval England and saw vital developments in legislation and government—in particular the evolution of the English parliament—as well as the ravages of the Black Death.
Edward was crowned at age fourteen after his father was deposed by his mother, Isabella of France, and her lover Roger Mortimer. At age seventeen he led a successful coup against Mortimer, the de facto ruler of the country, and began his personal reign. After a successful campaign in Scotland he declared himself rightful heir to the French throne in 1337 but his claim was denied. This started what would become known as the Hundred Years' War. Following some initial setbacks the war went exceptionally well for England; victories at Crécy and Poitiers led to the highly favourable Treaty of Brétigny. Edward's later years, however, were marked by international failure and domestic strife, largely as a result of his inactivity and poor health.
Edward III was a temperamental man but capable of unusual clemency. He was in many ways a conventional king whose main interest was warfare. Admired in his own time and for centuries after, Edward was denounced as an irresponsible adventurer by later Whig historians such as William Stubbs. This view has been challenged recently and modern historians credit him with some significant achievements....LESS
Perhaps the best-known piece of legislation was the Statute of Labourers of 1351, which addressed the labour shortage problem caused by the Black Death. from Edward III of England
To curb the rise in wages, the king and parliament responded with the Ordinance of Labourers in 1349, followed by the Statute of Labourers in 1351. from Edward III of England
Whereas lately it was ordained by our lord king and by the assent of the prelates, earls, barons and others of his council, against the malice of servants who were idle and not willing to serve after the pestilence without excessive wages, that such manner of servants, men as well as women, should be bound to serve, receiving the customary salary and wages in the places where they are bound to serve in the twentieth year of the reign  of the king that now is, or five or six years before, and that the same servants refusing to serve in such a manner should be punished by imprisonment of their bodies, as is more plainly contained in the said statute. from Statute of Labourers 1351
The Statute of Labourers was a law created by the English parliament under King Edward III in 1351 in response to a labour shortage, designed to suppress the labour force by prohibiting increases in wages and prohibiting the movement of workers from their home areas in search of improved conditions. It was poorly enforced and did not stop the rise in wages.