it is good that authors should be remunerated; and the least exceptionable way of remunerating them is by a monopoly. Yet monopoly is an evil. For the sake of the good we must submit to the evil; but the evil ought not to last a day longer than is necessary for the purpose of securing the good.

Lord Macaulay, 1841, in his remarks on the inconveniences of copyright…neither few nor small…copyright is a monopoly. He goes on to say, “the effect of monopoly generally is to make articles scarce, to make them dear, and to make them bad.”