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Neither is a rational argument. There have been good and bad monarchies -- good republics (like Switzerland), and others which are far from living up to the same standard.
Every human institution, after all, has its good and bad sides. As long as this world is inhabited by men, crimes and mistakes will continue to occur. Republicans are fond of claiming that a monarchical regime means the rule of the aristocracy. Monarchists, on the other hand, point to the economic difficulties, the tax burdens, and state interference in private life in present-day republics, and compare this state of affairs with the freedom and economic well-being under the pre-1914 monarchies...
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