“Europe experienced the enlightenment and industrial revolution while the empires of Asia languished.  What accounts for this dramatic shift?  I’m not going to pretend there’s a single explanation, but part of the answer is that Europe benefited from decentralization and jurisdictional competition. More specifically, governments were forced to adopt better policies because labor and capital had significant ability to cross borders in search of less oppression.”

http://danieljmitchell.wordpress.com/2012/09/10/jurisdictional-competition-is-why-the-west-became-rich-while-asia-languished/

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