Have you ever heard the story of Emperor Norton? It’s one of those bizarre little curiosities of American history, the San Franciscan who declared himself Emperor of the United States (and sometime Protector of Mexico) in 1859 and remarkably found that many of the inhabitants of his home city accepted him as such. He never achieved any real political power in his lifetime, but made himself a nice living as the Emperor, eating for free in the city’s best restaurants (to whom he granted an Imperial seal of approval), getting balcony seats at the theatre and opera, and being saluted by the city’s police officers when he was on his daily walk around the city, inspecting its infrastructure.
I was reading about him recently, and that got me thinking about the British monarchy and how it could benefit from exposure to the free market.
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