There is a compelling argument that liberty, or at least efficient markets, inhibits technological innovation. The reason is that there is no incentive to innov

There is a compelling argument that liberty, or at least efficient markets, inhibits technological innovation. The reason is that there is no incentive to innovate when there is robust competition, since the advantage gained by an innovation will be competed away before the investment into the innovation can be recovered. In other words, why bother to invent if you are just going to be copied anyway?