In the same way, as patent legislation was proposed to lead to faster pace of scientific and technological growth, in the majority of cases, it only stifled growth, as inventors spend more time and resources running the race to get monopoly grants from bureaucrats to kill all competition, rather than develop their ideas in practice and making them available, serving as many people as possible, and making money in the process.

Assigned Reading:

– The Mythology of Science, R.J. Rushdoony