To be fair, this article is partially true. Now, allow me to pour some gasoline/petrol/benzine around this thread. Have you purchased a college course required book recently? There is a market monopoly by Pearson, Wiley,Cengage, and McGraw. Buy the eBook, or the actual book with a CD in the back, but cannot access the pictures because the code can be use only once ! (often the codes do not work at all) Updated every…
The central thesis of the article is this: > Don’t blame books for being too expensive. Everything else is more expensive, and that’s why you can’t afford books. College textbook pricing is a function of the aforementioned rate of increase of everything else becoming more expensive, not a function of the cost of books increasing generally. They are, the author argues, decreasing, unless you introduce external distort…
The article is correct that recreational books are below for cumulative CPI. College textbooks on the other hand are at ~ 3 times the rate of general inflation.
Source:
BLS CPI-U (FRED: CPIAUCSL)
BLS "Educational Books and Supplies" (FRED: CUSR0000SEEA, ~767 in Mar 2026, base 1982-84=100)
BLS "Recreational Books" (FRED: CUUR0000SERG02, base Dec 1997=100, recently ~96-100
(just search for the above, and follow the link to https://fred.stlouisfed.org)