Doesn’t work. Hoppe is right. Only hereditary monarchs have owner-incentives to accumualate intergenerational capital rather than renter-incentives to consume intergenerational capital.
Possible to choose which CHILD inherits. But primogeniture was invented to prevent conflict.
Source date (UTC): 2022-06-15 00:45:30 UTC
Original post: https://twitter.com/i/web/status/1536872490630356992
Reply addressees: @erikbrus25
Replying to: https://twitter.com/i/web/status/1536844789706006528
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