Contr'un
“there’s nothing wrong with competition”
When Roderick Long made mention of my recent post on bookselling, a bit of back-and-forth ensued in the comments on his post. The point was raised that, if the big box bookstores benefit from state intervention, so do their customers, who get cheap books. The problem is that I’m not sure that the big box stores actually deliver there. I asked: What evidence is there that a bookselling monoculture with lots of coupons and discount stickers prominently displayed actually represents lots of cheap choices for consumers? Mass-market bookselling is notoriously wasteful of resources (to the point of destroying gazillions of […]