Along with this new locus for the determination of economic institutions and the new responsiveness after 1688, parliamentarians started making a series of key changes in economic institutions and government policy that would ultimately pave the way for the Industrial Revolution. Property rights eroded under the Stuarts were strengthened. Parliament began a process of reform in economic institutions to promote manufacturing, rather than taxing and impeding it.
Why Nations Fail The Origins of Power, Prosperity & Poverty -- Acemoglu, Daron; Robinson, James -- 2012 -- Crown Business