Amazon is now raising the prices of many books, including from university presses, http://t.co/Jxsz6XtPd3
— tylercowen (@tylercowen) July 4, 2013
Amazon is now raising the prices of many books, including from university presses, http://t.co/Jxsz6XtPd3
— tylercowen (@tylercowen) July 4, 2013
"They say Amazon, which became the biggest force in bookselling by discounting so heavily it often lost money, has been cutting back its deals for scholarly and small-press books. That creates the uneasy prospect of a two-tier system where some books are priced beyond an audience’s reach."
ReplyDeleteSo the gist of the article is that Amazon wants to raise prices to make more money, yet this little paragraph indicates that the prices for some of these books means that people won't be able to buy them. How does Amazon make more money then?
Price inflation in general is a much better explanation.