Yesterday Sean posted an article by a guest blogger, Marc Sher, a physicist who teaches introductory physics at the College of William and Mary. Marc Sher is promoting something called the nonprofit textbook movement [Guest Post: Marc Sher on the Nonprofit Textbook Movement].
Here's what he says ...
The textbook publishers’ price-gouging monopoly may be ending.Now, I usually think of myself as a socialist, so it's a little uncomfortable for me to be defending capitalism, but here goes.
For decades, college students have been exploited by publishers of introductory textbooks. The publishers charge about $200 for a textbook, and then every 3-4 years they make some minor cosmetic changes, reorder some of the problems, add a few new problems, and call it a “new edition”. They then take the previous edition out of print. The purpose, of course, is to destroy the used book market and to continue charging students exorbitant amounts of money.
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