The Importance of Property in War

When property isn't secure then you have less of an incentive to think about the future and then you act toward the short term. Hyperinflation changes people into just having to move from thinking about long-term plans into thinking about day-to-day survival. If a democrat is in charge they're more likely to engage in stupid military adventures but kings don't do that for the very simple reason they are easily defeated. In terms of selection politics ensures that the politicians that you're going to be getting are going to be people who have gotten there by um bad needs it's possible to be a good king, says Harper.

Transcript

Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app