The direct quote below from a story at the about investigations into Book Price Wars could not bare paraphrasing. Honestly, does this mean what I think it means? Do they think we’re stupid?

Here’s the quote:  ‘The letter also noted that while some may say lower prices will encourage more reading, “the reality is quite the opposite,” the ABA said. In the letter, the group quoted author John Grisham’s agent, David Gernert: “If readers come to believe that the value of a new book is $10, publishing as we know it is over. If you can buy Stephen King’s new novel or John Grisham’s Ford County for $10, why would you buy a brilliant first novel for $25? I think we underestimate the effect to which extremely discounted best-sellers take the consumer’s attention away from emerging writers.”’

Stick a sock in it Gernert! How about putting a fair price on both established and new authors’ books? Wouldn’t that encourage people to buy both? (And frankly, “publishing as we know it” should be over. It was beaten into the ground by amateurs and businessmen focused on profit and saleability over content.)

Jorgen stopped in with a link to a letter at sent from the Board of Directors of the  American Booksellers Association to the U.S. Justice Department.

This A.B.A. sponsored investigation will only encourage piracy and file sharing. I am amazed that they don’t understand this.

Profiteering encourages Piracy.

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