"Jim Baen and I set up the Free Library about a year and half ago. Leaving aside the various political and philosophical issues, which I've addressed elsewhere, the premise behind the Library had a practical component as well. In brief, that in relative terms an author will gain, not lose, by having titles in the Library.
What I mean by "relative" is simply this: overall, an author is far more likely to increase sales than to lose them. Or, to put it more accurately, exposure in the Library will generate more sales than it will lose.
What the Free Library provides-as do traditional libraries, or simply the old familiar phenomenon of friends lending each other books-is a way for people to investigate a new author for free, before they plunk down any money.
The purpose of this essay is to demonstrate that, based on FACTS."
More rational information about why free Intellectual Property is good.
Information wants to be free. . .
Why free online books are good.