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This talk traces the historical evolution of copyright from 16th-century English censorship laws to its modern role as a distribution subsidy. It examines how changing economics of information distribution challenge contemporary copyright conceptions and explores alternative economic models for creative works.
Copyright is derived from a 16th-century English censorship law, later turned into a monopoly right to subsidize distribution. This history is somewhat at odds with the modern conception of copyright, and an understanding of it is increasingly important today, as the economics of distribution are changing radically.