Icelandic liberalism and its critics: A rejoinder to Stefan Olafsson

In 2017, I published a paper on Icelandic liberalism in this journal. It was in two parts, the first one describing Iceland’s liberal heritage of the 19th and 20th centuries (Gissurarson 2017a), while the second one was on the extensive liberal reforms of 1991–2004 and their critics, and the 2008 Icelandic bank collapse and anti-liberal narratives about it (Gissurarson 2017b). The journal invited Professor Stefan Olafsson to respond, as he had been mentioned in my paper as a leading critic of the liberal reforms and a proponent of (what seems to me to be) an anti-liberal narrative on the bank collapse. His lengthy composition (Olafsson 2017) stands in need of some corrections and comments.