CBO releases report: "Copyright Issues in Digital Media"
The Congressional Budget Office (CBO) released a report today which analyzes digital copyright issues from an economic perspective: "Copyright Issues in Digital Media." (Via C|Net)
I have not had time to read the whole thing yet. Having only skimmed the summary and the first few sections, it seems that it could provide a good starting point for debates over new legislation. It is not as heavily laden with economic or legal terms as other analyses have been.
Oh, yeah...and I like the frame it created for the debate. From the summary:
- Property rights and other elements of a regulatory regime for creative works should be regarded as instruments for allocating creative resources. Hence, existing copyright law should not be viewed as an absolute, inviolable set of rights to which either creators or consumers are entitled.
- Revisions to copyright law should be made without regard to the vested interests of particular business and consumer groups. Instead, they should be assessed with regard to their consequences for efficiency in markets for creative works and other products.
- Property rights are not free. For a system of property rights to be accepted and upheld, the costs of establishing and enforcing that regime must not exceed the eventual benefits from it.
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Topics: Civil Liberties