Mises Wire

Our Elective Monarchy

Our Elective Monarchy

One of the myths Americans live by is that they rejected monarchy when the British left involuntarily in the late 18th century. Had a Martian been visiting the United States recently, he never would have believed it. Witnessing the state funeral and worshipful wall-to-wall cable-television coverage, our Martian would have sworn that Ronald Reagan had been the king of America. The visitor wouldn’t have been far off the mark. The Washington Post called it “a funeral fit for a king.”

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