2 ms·
This is like saying books have no value because the cost of distribution is near zero. Books cost money because quality authorship is scarce and people are wil
by dharmab 3y ago
This is like saying books have no value because the cost of distribution is near zero.
Books cost money because quality authorship is scarce and people are willing to pay for "ongoing support" (sequels and future works)
- smokel 3y agoBook publishing is indeed quite similar. Note also that some book publishers have become extremely wealthy. The same goes for television, limited edition fine art, and financial derivatives. It is quite obvious that these industries make some people extraordinarily rich. I am sorry for lacking the knowledge about contemporary economics, because this is obviously not something new. I was merely remembering some mediocre high school lessons.