Iceland's secret of success: Let the system crash
After its high-flying banking sector crashed and burned in 2008, Reykjavik returns to its roots while upgrading to crowd-sourced democracy. It worked.
this story is by
Reykjavik is bustling. Restaurants and shops in the Icelandic capital are packed. It's a stunning reversal from just four years ago, when the country reached the point of financial meltdown.