Everything Used is New Again We have often discussed the increased liquidity among used book sales as one of many major systemic challenges the book business faces, and now the NYT has concluded that, “Analysts and industry executives said the momentum among consumers and newly minted used-book sellers was just now approaching the point of biting into new-book sales.” Just now. The article cites the usual grab-bag of non-specific statistics, as well as following the erroneous conventional wisdom that, “Industry executives and analysts widely acknowledge Amazon as the engine of the market.” Alas, facile thinking like this will get us […]
