January 14, 2005
The Effects of Reducing the Prices of Textbooks
To the Editor:
Michael H. Granof's notion of licensing textbooks omits one essential factor: the author ("A New Model for Textbook Pricing," The Chronicle Review, November 26). As the author of a successful text and scholarly books, I can attest to the fact that authors receive at best 15 percent of sales through royalties. The high prices of textbooks benefit one party: the companies that produce and sell them.
Authors remain subordinate scribes under Granof's proposal.
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