With Queen Elizabeth II lying in state at Westminster Abbey, hereditary monarchies are under attack as archaic & absurd. Has mass democracy in the West done any better? Ryan McMaken joins Jeff and Bob to discuss.
Read Ryan’s Article on Monarchs: https://Mises.org/HAP361-1
Read Hoppe’s Democracy: https://Mises.org/Democracy
00:00 Introduction
00:48 Monarchy in the Modern World
5:13 Cultural Significance of Leaders
10:56 Monarchs Now vs. Then
18:44 Wealth Accumulation Under Monarchies Throughout History
24:22 Monarchy vs. Democracy
37:18 The Need for Something Bigger than Oneself
45:40 Will Democracy be Replaced
