Martin, from Jersey (the Channel Island, not the state in the US) wonders
Is there a place in the modern world for a monarchy?
We "colonials" here in the US have something of a romantic idea about royalty. I confess: I was married at the Renaissance Faire and am fond of telling people that Queen Elizabeth came to my wedding!
What the reality of living under a monarchy actually IS, I have no idea. In the end, I think I am unqualified to answer the question.