Jersey and the Isle of Man are not independent soverign nations. The Manx parliament is subordinate to the English Privy Council and Jersey is similarly an anachronism. Andora is ruled jointly by the French President and a Spanish Bishop (or is it the other way round?). Fogive my skepticism but I don't think that any ecconomist would seriously suggest these as usefull models for modern industrial societies. The chief industries being parasitic on those of larger nations. There are political solutions to the problem of regulation being factored down to the lowest common denominator. That is the purpose of the Social Chapter (nee charter) of the EU Maastricht agreement. The next round of GATT is likely to contain similar requirements. Phill