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Books are not too expensive

millersbookreview.com

61–70 of 216 posts

Re: Books are not too expensive

#61

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…

poppycock. the author is wrong about textbooks.

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)

Re: Books are not too expensive

#62

Earlier quoted context omitted.

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…

poppycock. the author is wrong about textbooks. 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 ~96-10…

I also heard tell the illustrated manuscripts market is soaring.

> the author is wrong about textbooks.

The author didn't write an article about college textbooks, he wrote a response to an article about mass market books and affordability.

The forces which have made college textbooks (and college educations in general) unprecedentedly expensive, real though they are, have little to do with this article.

Edit: I re-read my original comment and I probably wasn't clear enough. The external distorting factor is the higher education system absolutely exploding costs of everything to do with higher education, from predatory professors and textbook companies to the rent-seeking and regulatory capture of higher education institutions. College textbooks got incredibly expensive for reasons having absolutely nothing to do with the actual costs associated with making books, which are arguably cheaper than they've ever been.

Re: Books are not too expensive

#63

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…

Only for commodity goods does the cost of production impact the price. As substitutionality lessens, the price more and more approaches the value delivered.

Re: Books are not too expensive

#64
post #4

The bigger problem for me is buying Ebooks without DRM, which are cheaper than the paperback. I see no reason why I should be paying the same (or often more) than the paperback version. Just let me buy the ebook and let me own it. Right now, after pirating it, I have to find the author's patreon / something and contribute some money that way. It shouldn't be this hard to give someone money.

>Right now, after pirating it, I have to find the author's patreon / something and contribute some money that way. It shouldn't be this hard to give someone money

Why not just buy the thing you are pirating? That would seem to be the easiest way to give someone money.

Re: Books are not too expensive

#65
This seems really quite confused in its message.

> Yes, the original price of To Kill a Mockingbird and Tolkien’s Fellowship were just $3.95 and $5. But those are nominal values. When we factor inflation, the picture changes dramatically. In today’s dollars—and you can run this exercise yourself—those cover prices would look more like $43 and $54.

I mean, yeah that's too expensive...

> Now compare that to housing, healthcare, or admission to sporting events, movies, and concerts

that's a pretty wild set of things to compare to..

> Don’t blame books for being too expensive. Everything else is more expensive, and that’s why you can’t afford books.

so they are _indeed_ too expensive, but it's not their fault?

> When people say they want cheap books, they forget there are many other interested players at the table: authors, agents, publishers, bookstores, book distributors, and so on.

I genuinely don't care about the middlemen and supply chain, the very expectation that a book purchase comes after careful and deliberate consideration of all the tertiary factors and relevant economic forces only reenforces the idea that *books are too expensive*

> I spent over a decade at Thomas Nelson Publishers.

There you go...

I would say I'm an avid reader and spend a lot more than the average person on books, but prices are absolutely wild. When you start comparing them to movies, sporting events and concerts (healthcare!?!) you're putting them appropriately in the category of big indulgence.

Re: Books are not too expensive

#66

At some point you just have to move to Ebooks. It's way cheaper (usually ~6x cheaper) and it's much more convenient, as you always have your entire library with you. Sometimes even in duplicate, i.e. on more than one device at the same time, in the same place. I was very reluctant to make the move at first, as I love everything about physical books -- their feel, the way they smell, the cover art -- but I was accumul…

Where do you find e-books that are several times cheaper than paperback? Sometimes they're half the price, but often they aren't cheaper at all.

And that assumes you find a DRM free copy at all.

Re: Books are not too expensive

#67

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…

Yeah the textbook cartel is outrageous. I started a textbook publishing company to fight this! I was working on web copy describing how crazy the mainstream textbook prices are, and used the price C$300 for the calculus book, trying to be flippant (to exaggerate the competitor price to make my prices look better). I decided to check the price in the bookstore, and to my surprise the price was even higher than that! (…

This is the kind of thing that is counted as "economic growth", too.

Re: Books are not too expensive

#68
post #42
post #4

The bigger problem for me is buying Ebooks without DRM, which are cheaper than the paperback. I see no reason why I should be paying the same (or often more) than the paperback version. Just let me buy the ebook and let me own it. Right now, after pirating it, I have to find the author's patreon / something and contribute some money that way. It shouldn't be this hard to give someone money.

> (or often more) than the paperback Not an expert but my guess is that price is supply and demand. And oversupply of physical books will drive the price down since it costs money to warehouse them. There cannot be an oversupply of ebooks.

On the other hand, there cannot (physically at least) be a supply shortage of ebooks.

Re: Books are not too expensive

#69
> It’s crazy how the prices of books have gone up

I think it depends. I used to buy hardcopy books on Amazon, in particular scientific books. They were usually worth their money, but still it did cost a lot.

When Amazon Prime came, I noticed the quality of amazon went downwards a lot. There were additional reasons - e. g. the USA under Trump becoming hostile to Europeans - so I decided to abandon Amazon completely. Never regretted that move either. But for the most part, I also stopped buying hardcopy books; the cost was one factor, but storing books was another big one. I still have books but I don't want to keep on adding more and more books that I may read once and then never again. For the most part I transitioned into .pdf books (I hate epub format though, so I don't use that).

Some time ago I had to purchase a book for a local discussion; it did cost less than 10 euros, so that was not much (it was a thin book though, about 200 pages in DIN A5 format, e. g. the small format). That cost was not too high. I am not a "zero hardcopy books" person, but the books I purchase are significantly fewer compared to, say, 15 years ago. I still like books; easier to concentrate without being distracted, but I kind of prefer not having a lot of books in my apartment. It just is easier to organize things when I don't have to shuffle the physical location of hardcopy books.

The books on amazon were very expensive though, so I disagree on the title chosen. I think amazon became too expensive and the quality became worse. People who still use amazon should seriously consider whether they really need amazon in their life.

Re: Books are not too expensive

#70
post #54

I moved entirely to buying hardcovers. It is easier on the eye, and paperbacks, especially in India, are horribly bad quality. The cost is a matter of perspective (or geography). A typical hardcover costs ~₹2,000 (~$20) which is the norm, but that is a costly thing in India (is roughly the cost of the tea/milk supply for the whole month for my family.) Of course, this makes me choose my books wisely and with intentio…

So the print in hardbacks is better quality than paperbacks? I had no idea.

It is especially true for MMPBs (mass market paperbacks). It's a specific term for a specific format of books that are just recently being phased out. You can find more info about this online.
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