Thursday, November 03, 2005

Price gouging, done by the book

Interesting article in The New Yorker about the economics of textbooks. I completely and utterly agree with the term 'price gougers' to describe textbook publishers: when you pay $120 for a textbook that is out of date the next year, something is seriously wrong.

1 comment:

Xcaped said...

Definately true, I remember my uni days especially my first 2 years when I was still a sucker. I would buy all my textbooks at roughly $100 a pop, read a few pages before an exam then leave them. The following year I would take them to the university 2nd hand book store and get told that my edition is out of date or the lecturer has decided to change textbooks. I stopped buying textbooks after the 2nd year, became more resourceful about obtaining information.