Yet Another Study Shows That Weaker Copyright Benefits Everyone

Techdirt: "Economists Felix Oberholzer-Gee and Koleman Strumpf have written some previous papers on this subject, but they've just come out with a new working paper on how weaker copyright protection benefits society (pdf file). Michael Geist has an excellent overview and summary of the paper. To understand the key points made by the paper, you need to understand the purpose of copyright -- something that many people are confused about. It's always been about creating incentives to create new works."