Blue-eyed sheikhs

Saturday, 9th October 2004

Icelanders are rolling in it, says Daniel Hannan. Why? Because they understand that small is beautiful — and have stayed out of the EU

Reykjavik

Britain, we are forever being told, is a small offshore island, far too puny to survive except as part of a larger European entity. Euro-sceptics have a well-rehearsed retort to this charge, viz. that we are actually rather big. Britain, they point out, is the world’s fourth largest economy and fourth military power, a member of the G8 and the UN Security Council and all that sort of thing. In fact, they add, we are not even a small island in the literal sense: we are the seventh largest non-continental landmass on the planet.

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Peter Jukes

October 19th, 2011 8:21pm Report this comment

I can't believe I'm the first to comment on this gem, seven years on. But the passing of time has only made Dan's prescience and insight more telling.

All Daniel Hannan's profound insight into neoliberal economics, the EU, and the relation between wealth and deregulated finance is contained in this piece. And I, for one, cite it again and again and again.

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