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The Ugliness of Privacy Notices
That having been said, I'm not convinced that this is what would happen. While books (especially monographs) may take a bit longer to come online, eventually the authors will have to start competing with pirates.
Adam, this criticism doesn't make a lot of sense to me. Aside from Boldrin and Levin, hardly anyone advocates the abolition of copyright. What a lot of people are opposed to (i haven't read the book but I suspect this describes them) is the ever-more-draconian penalties for consumers and ever-broader scope of copyright protection. There's nothing remotely inconsistent about advocating that copyright be kept within its traditional limits while take advantage of copyright to protect one's own works.
Now, it might be inconsistent if the authors encouraged their publishers to start suing people who shared copies of their books on BitTorrent. But as far as I know they haven't done that.
Regardless, Harry Lewis has just notified me that the book goes to Creative Commons one year from original pub date (sometime in mid-2009). So it will (presumably) all be online eventually.