Quote:
Originally Posted by Fbone
When people mention high cost of ebooks I assume we are talking their price in relation to paperbacks and hardcovers. According to my previous thread about books and inflation paperbacks are a very good value. Their costs since 1980 have mostly kept pace with the official US CPI but when you figure in sales and discounts (Border's 40% off coupons, etc) book prices are very low. Too low possibly deflationary.
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The price of paperbacks really shot up in the '70s, so by 1980 the publishers had probably found the maximum price that the market would bear. There hasn't been a lot of "bearable" room for them to exploit for price hikes since then.