7

The Icelandic Free State

http://www.lewrockwell.com

The fact that the provision of "governmental" services was a competitive rather than a monopolistic enterprise was arguably one of the Free State’s greatest strengths; just as in any other market, the competitive discipline imposed by the fear of losing clients to rival service providers served as a check on inefficiency and abuse of power. Icelandic law owed its resilience and flexibility to this decoupling of authority from geography.

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