Give an example of how you might apply the Hayek and the Mises readings to decision making within your firm.

Hayek, F. A., "The Use of Knowledge in Society," The American Economic Review, Vol. 35, No. 4. (Sep., 1945), pp. 519-530. http://www.econlib.org/library/Essays/hykKnw1.html

Mises, L., Bureaucracy,

Chapter 1, Section 3: "Management Under the Profit System"

Chapter 2, Section 3: "The Essential Features of Bureaucratic Management"

Chapter 2, Section 4: "The Crux of Bureaucratic Management"

Chapter 4: "Bureaucratic Management of Private Enterprise.