The People's Republic of Ieuoa is a titanic, genial nation, ruled by Einstein with an even hand, and notable for its compulsory military service, absence of drug laws, and stringent health and safety legislation. The democratic population of 16.497 billion Ieuoans enjoy extensive civil rights and enjoy a level of social equality free from the usual accompanying government corruption.

The medium-sized, liberal, socially-minded government juggles the competing demands of Defense, Administration, and Welfare. It meets to discuss matters of state in the capital city of Mathville. The average income tax rate is 47.7%, but much higher for the wealthy.

The large but sluggish Ieuoan economy, worth 510 trillion bitcoins a year, is driven entirely by a combination of government and state-owned industry, with private enterprise illegal. However, for those in the know, there is a slick, highly efficient black market in Uranium Mining, Arms Manufacturing, Beef-Based Agriculture, and Woodchip Exports. The private sector mostly consists of enterprising ten-year-olds selling lemonade on the sidewalk, but the government is looking at stamping this out. Average income is 30,916 bitcoins, and distributed extremely evenly, with little difference between the richest and poorest citizens.

Access to the woods is only granted to those who bring a small shrubbery, this year's comedy award has left mothers-in-law seething, the government has little issue with allowing its citizens to languish in foreign jails, and Einstein is considering changing the nation's name to Blackacre. Crime, especially youth-related, is totally unknown. Ieuoa's national animal is the horse, which is also the nation's favorite main course, and its national religion is Cyantistic.

Ieuoa is ranked 55,903^rd in the world and 1^st in Mathematics for Largest Black Market, with 11.7 trillion Standard Monetary Units.