What is market regulation?

[chang]

What is market regulation?

My article (3)"ON WHATS MARKET REGULATION AND ON RELATIONSHIP
BETWEEN MARKET AND GOVERNMENT"
<http://www.geocities.com/WallStreet/Exchange/3058/marketaa.html>
gives a detailed explanation of what is
market readjustment: Chart 2: free flow of labour force.
In this way, it is quite easy for the government to
make regulation and give guidance of market. When there appears
insufficient supply of grain and starvation, what the government should
do
is to guide labour force and funds to grain production so as to acquire
more grain; when there appears surplus of grain, what the government
should do is to guide labour force and funds to industrial production so
as to acquire more industrial products. And my four-grade division of
demand and consumption thus makes the function of government's market
regulation and market guidance further clear: when there appears
insufficient production of necessary consumer goods of the first grade,
the government is to guide labour force and funds to the production of
necessary consumer goods of the first grade; when there appears
overproduction of necessary consumer goods of the first grade, the
government is to guide labour force and funds to the production of
ordinary consumer goods of the second grade; and when there appears
overproduction of ordinary consumer goods of the second grade, the
government is to guide labour force and funds to the production of
extravagant consumer goods of the third grade.

-- 
Sincerely,
Ju-chang He

SHENZHEN, P.R. CHINA
E-mail address: <chang at public.shenzhen.cngb.com>
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