By Xinfajia 2018-09-01
As a food supply has been necessary for human life through all ages, and China has been an agricultural country for thousand of years, the grain problem has been one of the greatest problems in its economic history. The policy of equalizing the price of grain is of chief importance, because it affects the interest of the whole society. For instance, Li K'o, minister of Wei, adopted a policy which benefited both society as a whole and the agricultural class. His main idea was for the welfare of the people only, and not for the finances of the state, but the result was that he not only made the people rich, but also made the state strong. This same principle was also supported by Mencius. And it was adopted into the historically famous system of "Constantly Normal Granary", a regulatory system for maintaining the balance of the market ...