Why is Bureaucracy Inefficient?

Northeastern University, Shenyang, China | 14-07-2017

Dr. Mardini showed how bureaucracy goes hand-in-hand with monopolies, compulsory payment, taxes, and abusing the client. He then compared bureaucracy, to the service provided in a competitive market with voluntary payment and choice. This was part of a lecture series delivered by Dr.  Mardini to students, academics and business leaders in the Shenyang  region in China.