[Journal of Libertarian Studies 15, Number 1 (2000)] Modern history is nothing but an inventory of bankruptcy declarations. —Nicolas Gomez Davila I Monarchy is a form of government not well understood in North America. To many people in that part of the world, monarchy seems to be a totally obsolete, even childish, institution. The surviving monarchies, after all, might still play a symbolic or even a psychological role, but not a decisive political role. As a rationalist and a liberal (in the worldwide sense rather than in the American sense), I am also a monarchist who realizes that monarchy, combined … Continue reading Monarchy and War