The Future Of Publishing Blog by Thad McIlroy

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May 30th, 2018

Book Prices and the Minimum Wage

Only a wealthy man could lament, as Len Riggio did yesterday that “the average paperback costs two and a half times the minimum wage. When I started,” he said “it was one half the minimum wage.” Speaking at the opening of Book Expo in New York Riggio said that the high prices of books is impeding a new…