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Old 12-03-2010, 10:47 AM   #34
HarryT
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Quote:
Originally Posted by DMcCunney View Post
Since it's the authors who can set their desired prices, tell me why they shouldn't cheer over it?

You aren't exactly being forced to buy. If the price is higher than you want to pay, you can pass on the work. Authors will find out what price points work for them as sales rise or fall.

But meanwhile, you get what you're willing to pay for, and if you want good work, it tends to carry a higher price.
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Dennis
It's right that authors should be allowed to set the wholesale price of their books - ie, the amount that the retailer pays them for a sale. I'm very uncomfortable, though, with fixing the retail price; it's the very foundation of a free-market economy that retailers should be free to set whatever price they wish for the products that they sell.

I can't see that anybody wins from retail price fixing.
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