As an economist who had studied administrative and regulatory law, he saw the waste and inefficiency in socialism, but he points out that Lenin and Hitler, as well as the British champions of socialization and "thus the most eminent advocates of socialism implicitly admit that their tenets and plans cannot stand the criticism of economic science and are doomed under a regime of freedom" (von Mises 119)
In Bureaucracy, von Mises concluded that every man cannot be an economist, that professionals have an advantage over laymen as they devote all their time to that one thing, becoming specialists in their area. Highly regulated fields include environmental protection, healthcare, and professional licensing. Understanding and applying principles of administrative law are critical to a smooth functioning of government. Administrative law is also important in interactions with government in its proprietary capacity, such as eminent domain, real estate development, contracts and construction. As the amateur cannot become a specialist, but needs to have a voice in the overall effect of the bureaucrats' rule, von Mises proposes there be a "middle way," capitalism regulated and regimented by government interference with business. "But this government intervention should not amount to full government control of all economic activities; it should be limited to the elimination of some especially objectionable excrescences of capitalism without suppressing the activities of the entrepreneur altogether" (von Mises 122).
It would be a mistake to leave all regulatory and economic decision-making to professionals, to completely abdicate to professionals in administrative, social, educational or other governmental issues, even though the ordinary citizen does not concern him or herself with such things as agriculture, flow-charts, zoning or road-building. Bureaucrats can ply their expertise in these areas, but the citizen, if he or she wants to be self-determining, must at least gain some kind of judgment in these areas to guide the bureaucrats into decisions that do not encroach on the rights and ability to act independently, of each citizen. Oversight of compliance audits, knowledge of governmental agency functions and assistance in training citizens in the legislative systems must be in place. As von Mises said at the end of his argument,
Democracy means self-determination. How can people...
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