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Thus, then, stands the case. It is good, that authors…

“Thus, then, stands the case. 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…” quote by Thomas B. Macaulay
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“Thus, then, stands the case. 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.”

Thomas B. Macaulay

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Authors deserve payment, but granting them a monopoly is morally problematic; the monopoly should be limited to serve the greater good.

In simple terms: Pay writers, but limit monopoly to protect fairness.

Key Takeaway

Balance compensation with competition.

Themes

fairness economics ethics

Mood

thoughtful critical

Type

political philosophical

When to use this quote

  • publishing contracts
  • copyright law
  • government subsidies
  • artist royalties

Key Concepts

property rights public good monopoly regulation

Questions to Reflect On

  • How long should a monopoly be allowed for a public benefit?
  • What safeguards prevent abuse of monopoly power?
A Different Perspective

Monopolies can stifle innovation and create inequality.

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