ARNOLD KLING
August 14, 2011
The Top Political Contributors
August 11, 2011
Gender and the New Commanding Heights
August 11, 2011
Jamie Galbraith Makes an Assumption
August 11, 2011
Macroeconometrics: The Science of Hubris
August 10, 2011
Real and Nominal Bond Yields
BRYAN CAPLAN
August 14, 2011
The Effect of Thumb Sucking on Income
August 12, 2011
The Voice of Cold, Hard Truth to All Would-Be Educators
August 12, 2011
Ability, Morality, and Prosperity: A Paper and a Report
August 11, 2011
The Theory of Time and Frittering
August 10, 2011
Male Variance and the Remnants of the Gender Gap
DAVID HENDERSON
August 9, 2011
Hayek in "Unbroken", Part Two
August 8, 2011
Hayek in "Unbroken"
August 5, 2011
James Bovard on the Peace Corps
August 4, 2011
Summers Way Off on FDR and 1941
August 3, 2011
The "Amazon" Tax


The really interesting thing is now we have a price on the "free" unlimited cell access. It's $50, the difference between the prices of the two Nook models.
I for one am skeptical of the e-book thing.
To my mind, there are big potential benefits of electronic publishing, but from a technological perspective they are mostly captured by a netbook running a web browser. Can anyone name anything significant that a Kindle can do that an ASUS EEE can't?
For reference, I just saw an ad for an EEE with a 10" screen, 160 GB of mass storage, a webcam, 3G wireless and WiFi. This of course has a real keyboard and touchpad, USB ports you can use to add external ones if you want, along with optical drives, printers, scanners, or whatever. It also has a video port so you can connect a much bigger LCD or a screen projector. Of course it runs a mainstream OS (XP in this case) so the software selection is enormously larger than any ebook reader (and it includes programs to read the proprietary ebook formats). If you don't like XP you can easily install Ubuntu or whatever. Size and weight are in line with a hardcover book, and battery life is comparable to the iPad.
Oh, and the price is $200 (refurbished, admittedly), less than half the iPad's price.
But the more fundamental issue from my point of view is that e-books themselves are much less valuable than they could be, as a result of their typically being published in proprietary formats wrapped up in DRM. The Kindle famously had one book disappear (Animal Farm?) from readers whose owners had bought and paid for it, because the publisher decided to change their deal with Amazon. Electronic textbooks are often set up to expire when the class is over, so forget about keeping your college books as the basis for a professional reference library. How do you loan out a DRM-wrapped e-book when you're excited about it and want a friend to see? Give up your Kindle and your whole electronic library for a week? What if you decide you want to read your library on a Linux machine -- do you need to set up Windows on it and download Amazon's proprietary reader software? All in all, it strikes me as a huge pain that might keep it from being worthwhile even if the e-readers and content were given away free.
But they're not. When I checked out on Amazon a book David Henderson recommended a few days ago, it turned out they were selling the e-book version for 33% more than the paperback. Huh?
But to end this rant on a high note, there is one publisher I know that sells their e-books a variety of open formats -- at the user's choice -- completely free of DRM, and at prices noticeably below the dead-tree equivalent. Baen Books. Unfortunately they're exclusively a science-fiction publisher, but they have some interesting commentary on the economics of this kind of publishing, including the observation that the dead-tree sales of books posted in the "Free Library" (no-cost downloads) tend to rise.