The future of books

posted by
November 14, 2011
The Libertarian Standard
by Jeffrey Tucker  
Posted in Commentary

"People without knowledge of the way business works always assume that any company that is going belly up was flopping, that people just weren’t buying the product. That is not usually the case. What it means is purely a matter of accounting: costs outran revenue and expected revenue. That can happen very easily with a few, small miscalculations." (11/13/11)

http://www.libertarianstandard.com/2011/11/13/the-future-of-books/  

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