Michael Lewis explains, in the April Vanity Fair: Wall Street on the Tundra:
Iceland instantly became the only nation on earth that Americans could point to and say, “Well, at least we didn’t do that.”
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April 01, 2009
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About Arctic Economics
- We'll have a lot of decisions to make in the face of Arctic climate change. This blog is about the range of available choices, and about the tradeoffs involved in making them. Ben Muse, an Alaskan economist, is the blogger. Muse works for a resource management agency. However, any opinions expressed here are his and not necessarily the positions of any former or current employer. In the interests of full disclosure, Muse's current employer has fisheries, marine habitat, endangered species, and marine mammal management responsibilities in the Arctic.
Big like :) ... from Iceland
Posted by: Pall Olafsson | December 07, 2011 at 10:06 AM