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Thursday, October 22nd, 2009 at 4:14 pm
Against Monopoly
Economic Logic points out a paper that shows that shorter copyrights stimulate artistic creation. Indeed, copyrights mainly benefit the big stars among artists, and the monopoly power they gain is diverted toward promoting a select few. This discourages others to become artists and there are fewer and less diverse artists. Shorten copyrights, and you get more artistic creation.
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