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<P><FONT color=#800080>Bureaucracy </FONT></P>
<P><IMG src="http://ec1.images-amazon.com/images/I/41GTjZbi+PL.jpg" border=0></P>
<P>By Ludwig Von Mises, Bettina Bien Greaves,</P>
<P>Publisher: Liberty Fund<BR>Number Of Pages: 105<BR>Publication Date: 2007-03-30<BR>Sales Rank: 298041<BR>ISBN / ASIN: 0865976643<BR>EAN: 9780865976641<BR>Binding: Paperback<BR>Manufacturer: Liberty Fund<BR>Studio: Liberty Fund<BR>Average Rating: 5</P>
<P><BR>Professor von Mises addressed himself to a particular issue: what is the essential difference between bureaucratic management by government and market management in a system based on private ownership of the means of production? Mises does not discuss bureaus or bureaucrats, but inexorable principles of human action. He does not condemn bureaucracy, which is the appropriate technique for the conduct of government agencies such as courts of law, police departments, and the Internal Revenue Service; however, in economic production and distribution, the bureaucratic method is shown to be an abomination that spells universal ruin and disaster.</P>
<P><BR>Review:</P>
<P>As timely and insightful now as it was over half a century ago</P>
<P>Written by professor former Vienna Chamber of Commerce economist Ludwig von Mises (1881-1973), Bureaucracy is a classic economic treatise, first published in 1944, about how the efficient aspects of private ownership and control of public good production ultimately produces superior results compared to the mishmash of publically administrated plans laced with codes of "officialdom", government incompetence, unforeseen legal wranglings, graft, and other ills. "Bureaucracy in itself is neither good nor bad," Mises states; rather, bureaucracy is a valuable resource for managing certain spheres of human activity, such as policing and courts of law, yet ultimately a failure or even harmful when applied to private enterprise, simply because forced obedience to strict rules hobbles entrepreneurial managers' room to maneuver amid fluctuating market situations, and stifles their innovation in response to evolving consumer wants. "Under socialism... the beginner must please the already settled. They do not like too efficient newcomers. (Neither do old-established entrepreneurs like such men; but, under the supremacy of the consumers, they cannot prevent their competition.) In the bureaucratic machine of socialism the way toward promotion is not achievement but the favor of the superiors... The rising generation is at the mercy of the aged." As timely and insightful now as it was over half a century ago, Bureaucracy is highly recommended especially for college library and economic studies shelves.</P>
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