It indicates that while recycling market function perfectly, Pigovian tax can reach social optimal.

分析表明：在不存在循环市场失灵情况下，庇古税就可以达到社会福利最大化。

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The question is, do we have the patience to let the free market function and endure several years of hardship, but then emerge as a much stronger country.

问题是，我们是否有耐心让自由市场起作用，以及忍受几年的困难，但是接着会形成一个更强大的国家。

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We commit to enhance communication and cooperation, and take effective steps to address the challenges so as to enhance market function and encourage adjustment.

我们承诺加强沟通与合作，致力于采取有效措施应对上述调整，以加强市场功能和鼓励调整。

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The recent uptrend in gold is one example of the trend and the euphoria surrounding it taking precedent over normal market function.

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There are ways for the U.S. government to facilitate startups but they primarily involve getting out of the way and letting the market function.

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Otherwise, within current market and legal checks, private sector unions actually perform a helpful market function in ensuring that employers keep up with market wages and working conditions as expeditiously as possible.

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