The Queen's State of Iosco is a gargantuan, safe nation, notable for its state-planned economy, devotion to social welfare, and stringent health and safety legislation. The cynical population of 29.067 billion Ioscoans are ruled without fear or favor by a psychotic dictator, who outlaws just about everything and refers to the populace as "my little playthings."

It is difficult to tell where the omnipresent, moralistic, socially-minded, well-organized government stops and the rest of society begins, but it juggles the competing demands of Law & Order, Social Policy, and Welfare. The average income tax rate is 80.0%, and even higher for the wealthy.

The large but stagnant Ioscoan economy, worth 114 trillion betales a year, is driven almost entirely by government activity, with private enterprise illegal. However, for those in the know, there is a slick, highly efficient, highly specialized black market in Beef-Based Agriculture, Book Publishing, and Trout Farming. The private sector mostly consists of enterprising ten-year-olds selling lemonade on the sidewalk, but the government is looking at stamping this out. State-owned companies are the norm. Average income is 3,923 betales, and distributed extremely evenly, with practically no difference between the richest and poorest citizens.

High-income earners pay a 100% tax rate, elections have been outlawed, organ donation is compulsory, and TV shows must meet strict ethnicity quotas. Crime is totally unknown, thanks to the all-pervasive police force and progressive social policies in education and welfare. Iosco's national animal is the deer, which frolics freely in the nation's many lush forests.

Iosco is ranked 84,483^rd in the world and 1^st in Iosco for Largest Black Market, with 3.74 trillion Standard Monetary Units.