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Interesting that the American Enterprise Institute (a conservative think tank) is the one coming out with criticism of high textbook prices. Aren't they suppos
by gnosis 14y ago
Interesting that the American Enterprise Institute (a conservative think tank) is the one coming out with criticism of high textbook prices. Aren't they supposed to be "pro business"? Shouldn't they be cheering how much profit the textbook industry is able to squeeze out of consumers?
- leod 14y agoMaybe they believe that there is a higher long-term profit in having well-educated workers.
- nathos 14y agoI'm sure they would point to the market-distorting high availability of (government-backed) loans as a factor in inflated book prices (and tuition, etc.). And to some degree, they'd be correct.
- fleitz 14y agoAEI is pro-capitalism / freedom, not pro-business, they also do a lot of work on the ridiculousness of the war on drugs. AEI is fairly consistently against distorted markets, I believe they were consulted on the recent Republican paper that came out against the copyright policies with regard to the DMCA and fair use.
- ianstallings 14y agoSaving money is business. As far as I know no capitalist in history likes being fleeced and when others do the fleecing it erodes confidence in the system. Never good for a true capitalist. Also, conservatives are not all alike. This appears more Libertarian than say, a neo-Christian group.
- arikrak 14y agoIts not fair capitalism, students are forced to buy the books .