Be it unintentional or not, the economy isn’t the same after many workers have gone Galt, dropping out of the full-time workforce on an extended, if not permanent, basis. This hits close to home. I didn’t start out intending to participate negligibly in the economy until the economy rejected me. Now it’s about stability, bare adequacy or making do, and refraining from helping the economy any more than necessary until at least 2017.
However, this corroborates my view that there is indeed a new/continued housing bubble and, naturally, the potentially for it to fuel another crash. I’m lucky to be in an apartment with rent that doesn’t routinely increase, but what was barely affordable market rent ten years ago is now slightly less affordable below market rent. In a world in which we need either an even larger apartment or, better still, a house rental. Neither of which will happen any time soon, though certainly they will happen sooner than home ownership. The only way I’ll ever own property is if I pursue my old dream of buyng a piece of insanely cheap land in the middle of nowhere so I can at least camp out on it now and then, perhaps build a cabin getaway, or if the housing market fully crashes next time and I am in a position to take advantage of it. It was a big surprise to me that houses didn’t deflate to what they were worth in the last crash, and tended still to be overpriced. The house next door last sold in a $100,000 short sale, at a price that was somewhere between 20 and 70 grand more than I’d have considered appropriate.
Had copyright law remained as it was in 1957, quite a list of works would have become public domain on January 1, 2014. As noted at the link, famous works will tend to remain available, if not as inexpensively so as might be the case, but I am concerned with orphan works. When I look up books I liked as a child and cannot find them in print, or in print at a price one can afford, then the copyright holder either has no interest in holding them in copyright, or there is no living copyright holder, heir or assign who is aware or interested in that status. Such works have no reason to remain protected. Even if that protection lies only in fear that someone who can legitimately prove ownership might come out of the woodwork after all, if any interest is shown.
Worst are the academic publications that are behind overpriced paywalls that keep the useful arts and sciences from being promoted. Congress ought to be ashamed of extending copyrights to unconstitutional lengths, and courts out to be ashamed of going along with it. At least, I assume they have, since there must have been challenges. Copyright should not be controlled by media corporations. That was never the idea.