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Old 12-18-2011, 05:13 PM   #64
stonetools
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Quote:
Originally Posted by John F View Post
This sounds very interesting. Could you provide a link to the economist's analysis?
You might want to consult
THIS ECONOMIST>
After 235 years, his master work holds up surprising well. You might want to review his discussion of "market price."

OK, let me simplify it for you. If a product is overpriced, demand for the product will decline and sales of the product will go down. Precisely the opposite has happened with ebooks.
The burden of proof is therefore on those who thinks the publishers have "got it wrong".
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