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Here's another succinct summary of the Crisis in Publishing, this one from the London Review of Books, by Colin Robinson, a Brit who lost his job at New York publisher in last December's Black Wednesday. Some of it is particular to the publishing world in Britain, but there's a lot about American publishing, including a very lucid explanation of the medieval system of returns, by which publishers have agreed since the 1930s to take back unsold copies from booksellers at full price. Also some prescriptions about What Should Be Done, about which I will have more to say later, when I have the time.

 


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