06-15-2012, 12:30 PM | #31 | |
TuxSlash
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In short, 5,000 seems low for this book. But let's take 5,000 as the number sold. That's $930,800 at the Amazon price. Let's say the publisher gets half, or $465,400. That sounds really good for a book that's on it's 5th edition, and so doesn't need anything more than typo revision and $10 an hour graduate problem solvers for the end of chapter stuff. |
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06-15-2012, 12:33 PM | #32 |
Wizard
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besides which the person(s) authoring the book have a degree and they are undoubtedly still paying of their student debt so the price to get someone to author a text book aside from their day job has to reflect that.
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06-15-2012, 12:34 PM | #33 |
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Then how can a reseller make money by importing the lower-priced book from the third world? I can't see why the manufacturer would have any higher "cost of doing business" in either of the two markets than the reseller. Either you're wrong, or the manufacturer is selling at a loss in the third world (subsidized by the developed nations).
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06-15-2012, 12:36 PM | #34 |
Wizard
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yes thats right. the lower prices in one place are "subsidized" by higher prices in others.
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06-15-2012, 12:42 PM | #35 |
TuxSlash
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If it costs more to make a book and sell it in a market than you'll recoup upon sale... Why not not make the book in the first place? Then the sales from the higher priced areas will generate larger profits.
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06-15-2012, 01:12 PM | #36 | |
Wizard
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However, seeing as how Harry is an ex- textbook author, you're probably wasting your breath arguing that with him. |
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06-15-2012, 01:20 PM | #37 | |
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It's called "Online Pass" (http://en.wikipedia.org/wiki/Online_pass). |
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06-15-2012, 01:25 PM | #38 |
Illiterate
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The facts are that just as any other business college texts sell for whatever the market will bear. If a publisher can get $186.19 for Fundamentals of Aerodynamics he most certainly will. And if a student can find the same text on the used market, then he will do that.
In my college days, which admittedly were a very long time ago, professors would frequently supplement their income by authoring and publishing a small run textbook and assigning it to their class. Their clientele usually was limited to their own students, so they might sell a maximum of a few hundred books over a several year run; but when the used book market caught up, that well would run dry. Selling and trading used textbooks was a thriving business in college towns across the country. |
06-15-2012, 01:45 PM | #39 | |
TuxSlash
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DON'T publish an entire book just to supplement your income. Go get a consulting job or something with the cachet the Ph.D. gives you. This is about educating young people. Not fleecing them to line your own pockets. |
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06-15-2012, 02:48 PM | #40 | |
Wizard
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That's OK though, when it doesn't work out they'll just blame piracy. |
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06-15-2012, 03:28 PM | #41 | |
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06-15-2012, 03:41 PM | #42 | |
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06-15-2012, 03:50 PM | #43 |
Wizard
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That doesn't explain the common practice of tweaking the textbook just enough so that the previous edition in the used bookstore is useless. That sounds like a deliberate attempt to make money at the expense of their students.
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06-15-2012, 04:02 PM | #44 |
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Tenured professors are above morals and ethics; they can do as they please.
I had a drafting class professor that would show up at the beginning of class, assign a problem to be worked, and go away until quitting time to pick up the finished product. He'd return it "graded" at the beginning of the next "class" and repeat the process. He literally taught nothing. I at least had a year of drafting from High School so he wasn't going to teach me anything new even if he'd tried and I did fine second semester when we got a real teacher but a lot of his other victims didn't have that edge. A math professor would cram a full semester's worth of material with finals and all and end the course the last day for dropping a course. If you lied your grade, you "stayed", if you were flunking, you dropped the course. It was hell to pass and many switched away but as many switched in; that extra free period came in real handy over the last two months. I'm sure every college survivor can list their own horror stories. Textbook hijinks are the least of them, but at least they explain why the student in the lawsuit did what he did; in that kind of free-for-all environment if you see an opening, you take it. Just ask Michael Dell, Bill Gates, or Zuckerberg. |
06-15-2012, 04:06 PM | #45 |
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I had a Calculus professor who was outraged by that. The new edition was the same material, they just rearranged the chapters and the exercise questions at the end of the chapters. He told us on the first day it was ok to buy the previous edition used and he would give the exercise question numbers for both the old and the new when he assigned them to us.
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