It appears to have been lost in the headlines about the latest job numbers, but the news from the tiny principality of Liechtenstein is that 76 percent of its voters sided with their prince by rejecting a referendum that would have eliminated his veto power over referenda. The vote was provoked by an earlier refendum that would have legalized abortion -- something Prince Alois von und zu Liechtenstein said he would veto. That effort also failed.
Years ago, I spent some time in Lichtenstein for both The Wall Street Journal Europe and Reader's Digest. This little European state is one of Europe's most prosperous, not to mention one of its most free. I recall the prince's grandfather, Franz Josef, saying something on the order of: "I was a supply-sider back when Ronald Reagan was still a New Deal Democrat."
His grandson had said that if the people of Liechtenstein voted to take away his veto, he would step down as prince.