Hans Hoppe theorized that monarchs, as opposed to democratically-elected political authorities, would have lower time preferences and would be less likely to engage in reckless government spending. Unfortunately, at least one Medieval Danish king acted like a modern politician.
Uffe Merrild
Uffe Merrild has a master of science in electronics engineering from Aalborg University in Denmark. He has also written articles for the Danish newspaper Borsen. You can read more of his work at his austro-libertarian blog www.liberaletanker.dk
Latest work
Hans-Hermann Hoppe, in his book Democracy: The God That Failed and his 1995 article in the Journal of Libertarian Studies, set forth an interesting theory concerning the difference in time preference...
Denmark has been mentioned a few times during the American election campaign by Democrats who favor larger government and high redistribution of income, but also pundits like Paul Krugman have written...
