News Flash: Democracy Doesn't Work

In a conclusion unlikely to come as a surprise to monarchists, researchers at Cornell University have determined that democracies rarely if ever pick the best leaders because most people are incapable of identifying mastery of topics about which they are ignorant themselves. Yet modern history suggests that a dictatorial regime entrusted to "experts" like the faculty of Cornell is unlikely to be preferable. What's left? Hereditary monarchy, of course! (I have no objection to the Crown being supplemented by an elected legislature, since with many legislators each selected by a local constituency at least some of them are likely to be more decent and competent than a single winner of a nationwide election, if only via the law of averages.) I disagree only with the last sentence claiming that democracies "effectively prevent lower-than-average candidates from becoming leaders." Really?