The Grand Duchy of Mithrandir The Grey is a colossal, cultured nation, ruled by Gandalf with a fair hand, and remarkable for its frequent executions, avant-garde cinema, and avowedly heterosexual populace. The hard-nosed, democratic, devout population of 2.75 billion Mithrandir The Greyians 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 large government juggles the competing demands of Administration, Defense, and Spirituality. It meets to discuss matters of state in the capital city of Gondor. The average income tax rate is 54.8%, and even higher for the wealthy.

The large but underdeveloped Mithrandir The Greyian economy, worth 114 trillion Rings 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, quite specialized black market in Beef-Based Agriculture, Tourism, Retail, and Cheese 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 41,717 Rings, and evenly distributed, with the richest citizens earning only 2.3 times as much as the poorest.

Travelers are subject to extensive searches if beet stains are visible on their clothing, pregnant hitchhikers with signs requesting rides to "competent care" are a common sight on Mithrandir The Greyian roads, t-shirts displaying a photo of Gandalf performing the Full-Monty are selling out, and the nation's taxpayers pay for foreign governments' extravagances. Crime, especially youth-related, is totally unknown, thanks to a capable police force and progressive social policies in education and welfare. Mithrandir The Grey's national animal is the Eagles, which soars majestically through the nation's famously clear skies, and its national religion is Christianity.

Mithrandir The Grey is ranked 171,747^th in the world and 31^st in Middle Earth for Largest Gambling Industry, scoring 186.23 on the Kelly Criterion Productivity Index.