Quote:
Originally Posted by leebase
The price of a book is not now, nor has it EVER been, about the cost of printing -- nor of storage, nor of returns.
eBooks take out some of the cost of a book -- but not as much as people think. HOWEVER, that's still IRRELEVANT. The price was not EVER a function of the cost of making the book.
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Ah, but that's not what they used to say.
Lee, in the law there is a concept called "admission against interest".
I remember well, back in the 70s, when the price of books skyrocketed far beyond the rate of inflation. The publishers said then that it was because of the cost of materials like paper. That was their admission against interest.
They made their bed.