The Federation of Islandian Free States is a gargantuan, safe nation, ruled by Representative of the People with an even hand, and remarkable for its museums and concert halls, complete lack of prisons, and free-roaming dinosaurs. The compassionate, democratic population of 10.569 billion Islandians enjoy extensive civil freedoms, particularly in social issues, while business tends to be more regulated.

The medium-sized, liberal government juggles the competing demands of Education, Environment, and Healthcare. It meets to discuss matters of state in the capital city of Nasai. The average income tax rate is 78.5%, and even higher for the wealthy.

The frighteningly efficient Islandian economy, worth a remarkable 1,955 trillion Islandian Shekels a year, is quite specialized and led by the Tourism industry, with major contributions from Information Technology and Book Publishing. State-owned companies are common. Average income is an impressive 185,035 Islandian Shekels, and distributed extremely evenly, with little difference between the richest and poorest citizens.

Occam's razor has sliced to pieces any childhood belief in Santa Claus and the Tooth Fairy, future leaders of Islandian Free States regularly dismiss pressing political issues when available options don't conform to their worldview, elections have become procedural nightmares due to voters persistently rejecting candidates, and citizens are encouraged to report friends, family members or co-workers who seem depressed to the government for "counselling". Crime is totally unknown. Islandian Free States's national animal is the Dolphin, which frolics freely in the nation's sparkling oceans.

Islandian Free States is ranked 102,736^th in the world and 1,840^th in The East Pacific for Largest Black Market, with 453 billion Standard Monetary Units.