The Libertarian Society of Iceland (Icelandic: Frjálshyggjufélagið) was founded in Reykjavík, Iceland, on August 10, 2002. As the name suggests it is established on the ideals of libertarianism. It is currently the only active propertarian libertarian organization in Iceland.
The society aims at promoting the values of a free-market economy and individual liberty to the Icelandic public. It does not intend to run for parliamentary elections. As a result, many of its members are active in political parties in Iceland, nearly exclusively in the Independence Party.
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“The distractions, the exhaustions, the savage noises, the demands of town life, are, for me, mortal enemies to thought, to sleep, and to study; its extremes of squalor and of splendor do not stimulate, but sadden me; certain phases of its society I profoundly value, but would sacrifice them to the heaven of country quiet, if I had to choose between.”
—Elizabeth Stuart Phelps (18441911)