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Why should copyrights extend so long?

ClassicRobert
Posts: 2,487
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10/1/2013 6:04:05 PM
Posted: 3 years ago
Originally, copyrights were supposed to expire after 28 years. Now, they are valid for the lifetime of the author, and then 70 years after death. Is this good policy?
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CarefulNow
Posts: 780
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10/1/2013 9:56:43 PM
Posted: 3 years ago
At 10/1/2013 6:04:05 PM, ClassicRobert wrote:
Originally, copyrights were supposed to expire after 28 years. Now, they are valid for the lifetime of the author, and then 70 years after death. Is this good policy?

Assuming individual rationality, it would be most efficient for the copyright to last until the work would have been authored independently by someone else. That amounts to eternity in the case of, say, a novel, but far less than 28 or even 14 years in the case of the average technological patent. The only caveat is the deadweight loss associated with monopoly, which is why it might be better for the patent office to be converted into a cash prize office.
drhead
Posts: 1,475
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10/1/2013 11:08:25 PM
Posted: 3 years ago
Simply put, there's no reason why they should.
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bladerunner060
Posts: 7,126
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10/1/2013 11:12:43 PM
Posted: 3 years ago
At 10/1/2013 6:04:05 PM, ClassicRobert wrote:
Originally, copyrights were supposed to expire after 28 years. Now, they are valid for the lifetime of the author, and then 70 years after death. Is this good policy?

No, it's not. But don't worry, as soon as Mickey gets close to the border again, they'll overhaul the laws so that they last even longer.
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