Do you know what really destroys economic efficiency? Well-meaning people handing out monopolies to things they don't understand and then creating laws, agencie

Do you know what really destroys economic efficiency? Well-meaning people handing out monopolies to things they don't understand and then creating laws, agencies, courts, and breeding specialized lawyers to navigate the mess - all taken from actual inventors. > Buying and selling is seen as conducive to economic well-being. Oh gosh no. Buying and selling might not work to your benefit. Far better to be the guy who labels everything for sale and sells it. Absolutely zero risk. Which is why patents are a dream. Further, that reasoning (make things property to stimulate the economy) is as obviously broken as breaking windows for economic growth. It only works in the short term while there's stuff to stick a price tag on, and it's only wildly profitable when it's other people's stuff.