"Libraries are included in the widely accepted definition of Cultural and Creative Industries together with heritage, performing arts, museums, visual arts, and archives and play an important role in the creative value chain. This book highlights the economic importance of the library sector....

Libraries have traditionally provided free communal access to books, facilitated by the first sale doctrine's (FSD) guarantee that libraries may purchase physical books at consumer prices. Increasingly restrictive ebook access terms may imperil libraries, and we compare the welfare cost of...