Bureaucracy (Lib Works Ludwig Von Mises PB)

By Ludwig von Mises.

Bureaucracy (Lib Works Ludwig Von Mises PB)

Description

Originally published by Yale University Press in 1944, Bureaucracy is a classic fundamental examination of the nature of bureaucracies and free markets in juxtaposition to various political systems. Bureaucracy contrasts the two forms of economic management—that of a free market economy and that of a bureaucracy. In the market economy entrepreneurs are driven to serve consumers by their desire to earn profits and to avoid losses. In a bureaucracy, the managers must comply with orders issued by the legislative body under which they operate; they may not spend without authorization and they m...

ISBN(s)

0865976643, 9780865976641

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