Why else does monarchy work? Economics, tourists. They love it. -John McLaughlin

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U.K. Prime Minister David Cameron told CBS News, “Many countries will find their own way to have that mixture of stability and democracy that we all cherish. In America you have the Constitution, something that you revere. In Britain, we don't really have a constitution, not a written constitution, but we have this combination of monarchy and elected democracy that works so well for us.”