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by styrmis
4727 days ago
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It seems strange that there is no mention of inflation in the article given that they are comparing prices from up to four years ago to today's prices. > When Mr. Striphas’s book, “The Late Age of Print: Everyday Book Culture from Consumerism to Control,” first appeared in paperback in 2011, Amazon sold it for $17.50, the author said. Now it is $19. Well, given that the 2011 $17.50 price would be ~$18.12 today (due strictly to inflation) then it is not as big an increase as suggested. > When the University of Nebraska Press brought out a bibliography of the novelist Jim Harrison four years ago, Amazon charged $43.87. The price this week: $59.87. 2009: $43.87
Today: $59.87
Correcting only for inflation the price would be: $47.63 Inflation doesn't even account for the majority of the price increase in this case but still this article appears to draw rather strong conclusions from rather flimsy analysis. |
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