The Right Coast

Editor: Thomas A. Smith
University of San Diego
School of Law

Tuesday, September 3, 2019

What We can Learn from Liechtenstein | Mises Wire

Liechtenstein is therefore not a constitutional monarchy in the conventional sense. Rather, it is a worldwide unique mixed system between direct democracy and parliamentary-constitutional hereditary monarchy. In addition to parliament, the people and the Reigning Prince have their own relevant rights of control and co-determination, which are not subject to the influence of the parties; the municipalities may also introduce their own legislative initiatives. In order to counter the danger of unrestricted majority rule through direct democracy, the Liechtenstein system has incorporated two safety valves: on the one hand, the prince's right of veto even against the results of referendums, and on the other, the right of secession of each individual community.

via mises.org

Way cool.

https://rightcoast.typepad.com/rightcoast/2019/09/what-we-can-learn-from-liechtenstein-mises-wire.html

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