Heroic Icelanders

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93% of Icelandic voters said no to a big-bank bailout. “If only Americans could vote on such issues,” says Ron Holland. This is a reminder of why Murray Rothbard liked Ross Perot’s idea of such a populist system here, and why the New Republic compared Perot to Hitler. Indeed, there was an Old Right proposal to require a national vote before going to war. That was called Hitlerian too.

12:14 pm on March 10, 2010