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Yeah the textbook cartel is outrageous. I started a textbook publishing company to fight this!

I was working on web copy describing how crazy the mainstream textbook prices are, and used the price C$300 for the calculus book, trying to be flippant (to exaggerate the competitor price to make my prices look better). I decided to check the price in the bookstore, and to my surprise the price was even higher than that! (sold as bundle: book + exercise manual + solutions manual). When your real prices are higher than the pricing people use as hyperbole, you know there is a problem.

It makes no sense—for a subject that has been around for 300+ years, and virtually unchanged for the past 100.

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This is the kind of thing that is counted as "economic growth", too.
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I had one professor in college who made most of their money by forcing students to buy his book (it was an ebook so it couldn’t be resold, and also super expensive, and the class homework was all linked to from the book itself). The class was also somewhat useless, which lead to a lot of students surmising that the professor’s deal was basically just <pay book price> = free A / course requirement lol
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> I had one professor in college who made most of their money by forcing students to buy his book

This is a return to the original model of a university, where professors made their money from the course fees students paid to take their courses.

It's an improvement over what we have now.

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Are you sure about that?
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The central thesis of the article is this:

> Don’t blame books for being too expensive. Everything else is more expensive, and that’s why you can’t afford books.

College textbook pricing is a function of the aforementioned rate of increase of everything else becoming more expensive, not a function of the cost of books increasing generally. They are, the author argues, decreasing, unless you introduce external distorting factors.

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poppycock. the author is wrong about textbooks.

The article is correct that recreational books are below for cumulative CPI. College textbooks on the other hand are at ~ 3 times the rate of general inflation.

Source:

BLS CPI-U (FRED: CPIAUCSL)

BLS "Educational Books and Supplies" (FRED: CUSR0000SEEA, ~767 in Mar 2026, base 1982-84=100)

BLS "Recreational Books" (FRED: CUUR0000SERG02, base Dec 1997=100, recently ~96-100

(just search for the above, and follow the link to https://fred.stlouisfed.org)

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I also heard tell the illustrated manuscripts market is soaring.

> the author is wrong about textbooks.

The author didn't write an article about college textbooks, he wrote a response to an article about mass market books and affordability.

The forces which have made college textbooks (and college educations in general) unprecedentedly expensive, real though they are, have little to do with this article.

Edit: I re-read my original comment and I probably wasn't clear enough. The external distorting factor is the higher education system absolutely exploding costs of everything to do with higher education, from predatory professors and textbook companies to the rent-seeking and regulatory capture of higher education institutions. College textbooks got incredibly expensive for reasons having absolutely nothing to do with the actual costs associated with making books, which are arguably cheaper than they've ever been.

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Only for commodity goods does the cost of production impact the price. As substitutionality lessens, the price more and more approaches the value delivered.
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Where I studied in the UK the university provided all books. Which meant they had a lot more negotiating power, because they wouldn't pay £300 a book nor allow a professor to have a £300 book as a requirement for the course. So companies had to make sure their material was within the price range that universities were willing to pay for it.
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where did you study? and is it still like that?
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