The Rogue Nation of St Olaf is a tiny, genial nation, notable for its state-planned economy, punitive income tax rates, and devotion to social welfare. The compassionate, democratic population of 14 million Oleses love a good election, and the government gives them plenty of them. Universities tend to be full of students debating the merits of various civil and political rights, while businesses are tightly regulated and the wealthy viewed with suspicion.

The enormous, socially-minded government juggles the competing demands of Education, Welfare, and Healthcare. The average income tax rate is 68.9%, and even higher for the wealthy.

The basket case St Olafian economy, worth 120 billion Meal Swipeses a year, is driven entirely by a combination of government and state-owned industry, with private enterprise illegal. The industrial sector, which is highly specialized, is mostly made up of the Trout Farming industry, with significant contributions from Information Technology. Average income is 8,625 Meal Swipeses, and distributed extremely evenly, with practically no difference between the richest and poorest citizens.

Psychiatrists bizarrely accompany Leader to meetings with foreign heads of state, translators have been hired to deal with the varying regional accents during national political debates, the government is financing an extremely costly war against malaria, and high-income earners pay a 100% tax rate. Crime is totally unknown, thanks to a well-funded police force and progressive social policies in education and welfare. St Olaf's national animal is the Lion, which frolics freely in the nation's many lush forests.

St Olaf is ranked 265,979^th in the world and 8^th in Vaagot Land for Largest Insurance Industry, scoring -6.93 on the Risk Expulsion Effectiveness Rating.