| > Krugman is a good example of what's gone amiss with liberalism. The entire left side of the aisle? But, not any other people? Hmmm. > He very loudly accused Amazon of being a "monopsony" during Amazon's most recent dust-up with the big publishers, on grounds that its market power would enable it to hurt consumers, although he acknowledged, Amazon hadn't used its economic power that way. Well, they are a giant player with immense power that already dictates things to its supply chain... And the important thing to do is recognize risks before the problems manifest. It wouldn't be any good to tell you your garage was full of flammable rags after your house burned down. > Yet, Krugman goes along with this exploitation, and presumably banks very large royalties for himself at student's expense. Compared to wages, speaking fees, etc? I doubt it. But nonetheless, you do have a good point about textbooks being exorbitantly priced. When we provide student-loans, schools increase tuition. If we gave children a billion dollars a year universities would still be pretending to be broke and asking for more. IMHO, that's the racket we need to break. As long as there's a government license to print a "right to work" token (a degree), you'll have players entrench around it - like camping spawn spots. And as always, the less effective the school is at teaching the more resources they have for political battles. |