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The question was in regards to Ulysses S. Grant, not just anyone.
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Grant was only one example, it is applicable to any author.
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In regards to other, mid-list authors, they've probably written one or more works already since they're on any list at all and made money from those. In any case I doubt many people today or henceforth will think: "oh darn, it seems I'm nearing the end of my days. Time to sit down and write a whopping big best seller so my descendants will have an income in perpetuity".
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So, because they made some money, that means they have made enough? Why in the world would you think that an author wouldn't continue writing to provide for their family? If their other books sold, it is reasonable that this book would sell too. And the issue isn't perpetual copyright, but the assertion that copyright should end at the author's death.