08 Jul '09 21:01>
Copyright protections have been extended shamefully due to a phenomenon that Milton Friedman summarized in "Free to Choose".
Year_________Length of Copyright
1790________14 years (same as a patent) + 14 year extension
1831________28 years + 14 year extension
1909________28 years + 28 year extension
1976________life of the author + 50 years OR
_____________75 years for anonymous/work for hire
1998________life of the author + 70 years OR
_____________95-120 years for anonymous/work for hire
The last bill was also known as the Mickey Mouse Protection Act because Disney lobbied heavily for it. By comparion, the term of patents were established at 14 years in 1790, and today stand at only 20 years.
Milton Friedman argued against such government regulation, saying it tends to increase costs because much of the time, the only people influencing regulations are the minority who stand to make a profit. Since the rest of us do not take time to go to hearings, government regulators tend to be swayed by the arguments that are pounded into their heads day after day while the rest of us are at work. When regulators don't hear any counter-arguments, bingo! the people pay the price.
So now we have the shameful situation that people who invent useful things like light bulbs and cures for cancer stand to profit far less from their contributions than people who sing or pen or prance.
By the way, if you think the same phenomenon is not going on with the current health care legislation -- think again.
Year_________Length of Copyright
1790________14 years (same as a patent) + 14 year extension
1831________28 years + 14 year extension
1909________28 years + 28 year extension
1976________life of the author + 50 years OR
_____________75 years for anonymous/work for hire
1998________life of the author + 70 years OR
_____________95-120 years for anonymous/work for hire
The last bill was also known as the Mickey Mouse Protection Act because Disney lobbied heavily for it. By comparion, the term of patents were established at 14 years in 1790, and today stand at only 20 years.
Milton Friedman argued against such government regulation, saying it tends to increase costs because much of the time, the only people influencing regulations are the minority who stand to make a profit. Since the rest of us do not take time to go to hearings, government regulators tend to be swayed by the arguments that are pounded into their heads day after day while the rest of us are at work. When regulators don't hear any counter-arguments, bingo! the people pay the price.
So now we have the shameful situation that people who invent useful things like light bulbs and cures for cancer stand to profit far less from their contributions than people who sing or pen or prance.
By the way, if you think the same phenomenon is not going on with the current health care legislation -- think again.