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by SNK 5385 days ago
"Every other type of product cost more today than 10 years ago. A bottle of milk costs more today than in the past. A bicycle costs more than in the past, a meal at a restaurant cost more today than ever before. The gas prices are off the scale (but for other reasons as well.)"

Lying so egregiously to this audience is insane; ever heard of computers?

1 comments

There’s no Moore’s Law for novels.

There have been some technological improvements that make writing more efficient (e.g., word processors), but the process for making most other consumer products has become efficient at an even faster rate. The Baumol effect predicts that this imbalance will lead to more expensive novels and/or cheaper novelists.

Cheaper novelists. Like with apps, the new publishing model lowers the bar to entry, resulting in a substantial increase in publishing authors.