The economic crisis that emerged in America in 2008 unleashed a veritable epidemic of ill health around the world. However it was Iceland, whose population of t

As late as the mid 1980s, Iceland’s economy revolved around little else than a semi-robust cod-fishing industry. By the end of the century, however, it had tr

LARGE PRINT EDITION! More at LargePrintLiberty.com It was a modern thriving economy one day, and then, suddenly, the food disappeared from the shelves, the bank

Eirikur Bergmann explains the exceptional case of Iceland's fantastical boom, bust and rapid recovery after the Crash of 2008 and explores the lessons for the w

In October 2008, Iceland went from being one of the wealthiest countries in the world to being one of the poorest, within the space of about two weeks. During t