Money Issues

Paul Krugman and the Economics of Books

For now, the estimable output of W. W. Norton, including Krugman's End This Depression Now, will continue to be available at a variety of prices. But over the longer term, with possibly serious consequences for the viability of publishers and booksellers, the odds favor the public's instinct to get the best bargain. To reiterate a crucial point I have made before: Publishers will always need the revenue to support authors and the staffs that edit, produce, and market their books, and to provide a reasonable profit for their owners. If the squeeze becomes too tight, the result will be fewer books that matter -- like End This Depression Now -- whether in print or digital formats.

One year later residents see fee system benefits

Although it was a public relations concern at the time, the $80 library-card fee imposed on users not residing in the Santa Clara County Library District in July 2011 has since proven mostly beneficial to Los Altos and Los Altos Hills users.

Nearly 14 months after the fee went into effect, statistics show increased patronage of the Los Altos main and Woodland Branch libraries by local residents and more materials available to them with decreased competition from nondistrict users.

OH County Library Hires Firm to Study Employees’ Compensation

The Public Library of Youngstown and Mahoning County has hired a Cleveland consulting firm to study the pay and benefits of library employees compared with those of their peers doing similar work elsewhere.

That firm, The Human Resource Department, will be paid between $12,000 and $13,500 for the compensation study, depending on its scope.

The services and personnel committee of the library’s board of trustees will meet at 3:30 p.m. Thursday at the Poland library to discuss the library system’s compensation philosophy and the compensation study.

Story from The Youngstown Vindicator (interesting newspaper name!)

Warren Cty NJ Librarian Prepares for 60-mile Fundraising Bike Ride to Each Branch in County

Warren County NJ's rolling hills look more intimidating than scenic from mile 45 of a long training ride. Librarian TaraLynn Romagnoli has been climbing many of these hills via bicycle on her quest to train for a 60-mile fundraising ride to raise money for the Warren County Library according to NJ.com.

"The terrain is a little tough, especially since I'm not an experienced cyclist, but I'm enjoying the challenge and can see myself improving every day,” Romagnoli said. “I am expecting to have a great ride."

Romagnoli is cycling across the county to each branch of the Warren County Library to raise money for the new main library facility at 189 Route 519 in White Township.

This 60-mile ride, called the Ride to Read, is presented by the Friends of the Warren County Library Headquarters. The Friends hope to raise $5,000 in sponsorships to purchase furnishings, such as comfy armchairs for quiet reading, as well as diner booths and stools, an mp3-player jukebox, and a neon sign for a diner-themed teen section. Romagnoli hopes that these items will help to make this building a true community center for library users.

The World’s Most Expensive Comic Book Art (And Why Prices Keep Climbing)

As the decades pass, new generations of people who grew up reading and loving comics reach a point where they want to revisit something they enjoyed when they were young, and finally possess the means to acquire it, said Michael Zapcic. A sort of living comic book encyclopedia who appears on AMC show Comic Book Men, Zapcic helps run Kevin Smith’s store Jay and Silent Bob’s Secret Stash, where he evaluates prized possessions that customers are trying to unload.

A New PAC Just for Libraries

EveryLibrary is launching today as the first and only national political action committee (PAC) for libraries. Focused exclusively on local library ballot initiatives and measures, EveryLibrary is dedicated to helping libraries win at election time. The organization, found online at www.everylibrary.org, will fundraise nationally to support local library ballot committees and PACs, and provide them with technical support and consultancy on how to run – and win – at the ballot box.

“EveryLibrary is built on the idea that any library ballot initiative anywhere matters to every library everywhere,” says John Chrastka, executive director of EveryLibrary. “EveryLibrary will allow us to raise funds and support specific ballot measures that keep libraries open and thriving. Elections are the “last mile” of library advocacy and this new PAC is an amazing opportunity for our community to talk directly to voters.”

EveryLibrary is conducting a $50,000 fundraising round from September 5 to November 7, 2012 to underwrite the fees associated with its legal filings and to create campaign toolkits, voter education materials, and messaging targeted to 2013 election initiatives. Visit http://rally.org/everylibrary to learn more and to donate today. Individuals, corporations, unions, and certain foundations are eligible to donate. EveryLibrary will use donations to support local committees and PACs while providing technical assistance to campaigns.

Author Michael J Sullivan on how hardcover and ebooks are priced

Interesting comment over on Reddit on who is making how much on different versions of books. "Bottom line, when in hardcover the author makes slightly better money if you buy the print book ($2.60 verses $2.27). When in mass-market paperback the author makes MUCH more if you buy an ebook."

LISTen: An LISNews.org Program -- Episode #208

This week's regular episode presents an essay. A news miscellany will be posted as a separate episode Wednesday.

Direct Download/Play In Browser: Ogg Vorbis Audio

Creative Commons License

LISTen: An LISNews.org Program -- Episode #208 by The Air Staff of Erie Looking Productions is licensed under a Creative Commons Attribution 3.0 Unported License.
Based on a work at http://www.x11r5.com/radio/world-news/cybersauce-world-news_2012-08-20.mp3.
Based on a work at http://hackerpublicradio.org/promote/HPRpromoNewsCast.ogg.

Bilbary Takes Next Steps in Turning Libraries Into Sales Channels

In building partnerships with libraries in Kansas, Denver and, just announced today, California, e-bookstore Bilbary is attempting to create a new e-books sales channel through libraries.

Bilbary has built a series of links on library websites that take patrons to the Bilbary site where they can buy e-books. The library who referred the patron gets 50% of the profit from the purchase.

How is crowdfunding changing culture?

Kickstarter's most successful projects suggest the creativity we value is interactive, rather than aesthetic, says Patrick Hussey

"For me though, crowdfunding represents something amazing – the gamification of progress. The internet is pointing us in the right direction and crowdfunding, with that digital hallmark of mashing capitalism, communism and cats into one, is certainly getting to places other funding forms are too slow to reach."

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