In Anglosphere nations, the rights of creators are governed almost entirely by their contracts with investors. The US and Canada have the only (small) exceptions: US law entitles creators to terminate (most) agreements after 35 years; in Canada, rights revert automatically to heirs 25 years after the author’s death. Outside those cases, and throughout the…

Copyright’s underuse hypothesis is simple: that, unless publishers are assured of exclusive rights in older works, they won’t continue to invest in making them available. This of course contradicts a core tenet of classical economic theory, that investors will continue to produce copies of books (or anything else) so long as they can expect to…