The tiny Principality of Liechtenstein may not have Switzerland’s prestige, but its strict bank secrecy laws have made it one of the best places to conduct offshore financial activity. Bob Bauman in The Sovereign Society says Liechtenstien’s proposals to clamp down on tax evasion will not dramatically affect the appeal of this tax haven. Limited co-operation with foreign governments may increase, but an upcoming election will preclude any broad opening of the banking system.