One has caused a right royal mess, Prince Andrew might say
Can royalty be fired? Do European royal households bring in more than they cost? And should we feel sorry for Prince Andrew?
Can royalty be fired? The UK’s Prince Andrew’s resignation from public duties following a disastrous TV interview concerning his friendship with sex offender Jeffrey Epstein doesn’t quite go all the way — but the king of Sweden, for example, recently cut five blameless grandchildren from the royal house. That’s a good practice in an age when monarchies are essentially keepers of a brand rather than rulers.
In a 2006 paper, John Balmer of the Bradford School of Management in the UK, Stephen A Greyser of Harvard University and Mats Urde of Lund University in Sweden argued that Europe’s constitutional monarchies function as corporate brands. This makes sense: even when monarchs have a lot of constitutional power, as in Norway, where the king theoretically could veto any law and pick prime ministers more or less at will, it just doesn’t happen anymore...