In addition to my post in late November about the textbook bubble (spurred by this post from AEI’s Mark Perry), the Atlantic‘s Jordan Weissmann joins the discussion, asking, “Why Are College Textbooks So Absurdly Expensive?” (also the title of his article). It is a good question, and one that highlights the danger of disconnecting the determination of prices from the subjective valuing of consumer demand. There is no competition, no free market, where students are required to buy only certain books for their classes at artificially inflated prices. Weissmann provides a helpful summary of Kevin Carey’s related Slate article as follows:
Posts tagged with: textbook bubble
In the Last Week
- The New Legalism: Missional, Radical, Narcissistic, and Shamed (1,365 views)
by Anthony Bradley - One Man's Great Escape from North Korea (504 views)
by Ray Nothstine - Should We Be Eating More Bugs? (445 views)
by Joe Carter - Obama Administration Orders Colleges to Implement Unconstitutional Speech Codes (346 views)
by Joe Carter - What's a Few Dead Eagles Between Friends? (299 views)
by Joe Carter
- Acton Commentary (256)
- Acton Media (76)
- Acton University (46)
- Bible and Theology (575)
- Christian Social Thought (242)
- Economic Freedom (69)
- Economics (102)
- General (583)
- Individual Liberty (163)
- Interviews (25)
- News and Events (2305)
- On Call in Culture (50)
- Poverty (114)
- PowerBlog Ramblings (53)
- PowerLinks (113)
- Programs (64)
- Public Policy (2052)
- Publications (212)
- Religious Liberty (31)
- Shareholder Activism (3)
- Shareholder Proxy Resolutions (3)
- Technology (15)
- Vatican (225)
- Virtue (47)
- Vocation (2)