Results for “amazon” 5126 found
Amazon as book publisher
Here is the latest:
In its most significant foray into publishing, Amazon has acquired world English rights to a self-published novel by a midwestern teenager called Legacy. The acquisition is the first for the e-tailer's newly launched publishing banner, AmazonEncore. Amazon is re-releasing the fantasy title, in hardcover, in August. The book, by Cayla Kluver, is part of a planned a trilogy–it was published under the banner Forsooth Books, founded by Kluver and her mother–and, according to Amazon, is the first in a currently unknown number of titles from AmazonEncore.
Economic theory predicts that if Amazon were to start publishing, it would publish nobodies rather than established star writers. Can you explain why?
How many Kindles has Amazon sold?
240,000. I thought this sentence was intriguing:
And if a new Kindle comes out targeted at the textbook/school market, sales could ramp up higher.
I still recall Yana having to lug all those heavy textbooks around.
The Myth of the Rational Amazon Book Reviewer
Here is one review of Bryan Caplan from the Amazon.co.uk site:
The reality is a book written for the university educated and the class of society who never have to fear unemployment. The university style of writing makes it difficult to understand what he is going on about, since you have to keep looking up a dictionary. It is also rather boring, which makes it difficult to hold your concentration. The basic theme of the book is that economists think that the ordinary voter is irrational when it comes to politics and voting. The economist argues that because the economy keeps getting stronger; they are always right, and the public always wrong. Trade protectionism, mass immigration of cheap labour, downsizing which causes mass unemployment are all supported by the economist and not supported by the voter.
Here are his other reviews, he likes Sidney Bechet but doesn’t say whether or not he votes. Thanks to Bryan for the pointer.
Amazon One-Click Patent Struck Down
The US patent office has ruled that enough prior art anticipated the one-click patent to rule a number of the major claims invalid. Perhaps we should chalk up another win to Eric Maskin!
I’m pleased that the Amazon patent was ruled invalid but insufficient attention to prior art is not the main problem with current patent law. Patent law needs to change so that patents would be ruled invalid or given much shorter lengths if they do not involve large, sunk costs.
Amazon and Tivo
I have long been skeptical of the potential for movie downloads but Amazon and Tivo have made a huge step forward in solving the major problems. I reported earlier that Tivo connects to a home wireless system which means that I can program Tivo from work. Yesterday, I rented a movie from Amazon. The movie downloaded automatically via my home computer to Tivo. Downloading still takes hours so it’s not on-demand service but I rented in the morning and watched the movie that night and I watched on television not some dinky computer screen. The picture quality was good, albeit not as high as DVD. Dramas, comedies and anything you would have watched on cable TV anyway are fine – save the action flicks for DVD. What impressed me most was that the system worked flawlessly the first time, without any computer hack work on my part.
Bravo Tivo, Bravo Amazon.
Amazon purchase circles
Find out what people are buying in a particular area or institution, click here. Here is the list of bestsellers for George Mason University. Is it better or worse than the list for Fairfax, Virginia? Here is the Marine Corps list. Here is the federal judiciary. Here is the list for The New York Times. Dow Jones Co. is less intellectual. Here are other media listings.
Browse geography. Try MIT. Compare it to Brown University. For self-referentialist reading, try Oracle Corporation.
Thanks to Pablo Halkyard for the pointer. Comments are open, in case you know more about this.
Amazon
Don’t forget that you can benefit Marginal Revolution, at no cost to yourself, by clicking on the Amazon link at the bottom of the right column or any book link and then making purchases. Of course, if you would like to contribute directly you can do so via either the Amazon or PayPal "tip jars" at the top left. Thanks!
Amazon.com to sell its own literature
Digital copies, written exclusively for the website, are avavilable for 49 cents apiece. These short pieces range from 2000 to 10,000 words. About sixty authors have signed up, including Danielle Steel. On Friday the bestselling title was Harry Dent’s "Bubble After Bubble in the Ongoing Bubble Boom: Oil Bursts, the Housing Bubble Fades and Now Stocks Emerge Into a Greater Bubble That Finally Ends in 2010."
Here is the story. Will this practice render short story compilations, or perhaps magazines of fiction, obsolete? As with iPod, won’t consumers prefer the unbundled units? Or does fiction differ by giving the editors and compilers a greater role in producing excitement and cache?
Addendum: Here is a good story on the marketing of ebooks, and one entrepreneurs who thinks the days of paper books are over.
Early Amazon civilization discovered
Researchers have now found hard evidence that the Amazon had a sophisticated and populous civilization, before the arrival of Columbus.
The finds lay to rest the notion that the region was pristine forest when the explorer landed in 1492…Although there was probably some untouched forest in the region, Heckenberger [the researcher] reckons that most was managed by the inhabitants and kept for cultural and symbolic, rather than economic, reasons. “It was probably very important to them just as Central Park is important to New Yorkers,” he says.
Here is the original link from Nature. Many individuals have been attached to “crankier” versions of this theory, suggesting that “prehistory” in the Americas was quite advanced, see here for a more skeptical take.
Why a Housing Shortage Exists Despite More Houses Per Person
When I post about the skyrocketing price of housing and the need to build, commentators (include some of the most astute commentators on MR), will sometimes object by pointing to the increasing and historically high number of houses per capita. They question how this aligns with rising prices and wave vaguely towards factors like monopoly pricing, hedge funds, Airbnb, vacancies and so forth, implying that more construction isn’t the solution. The real explanation for rising prices amid greater homes per capita is actually quite simple, fewer kids. Kevin Erdmann has an excellent post on this going through the numbers in detail. I will illustrate with a stylized example.
Suppose we have 100 homes and 100 families, each with 2 parents and 2 kids. Thus, there are 100 homes, 400 people and 0.25 homes per capita. Now the kids grow up, get married, and want homes of their own but they have fewer kids of their own, none for simplicity. Imagine that supply increases substantially, say to 150 homes. The number of homes per capita goes up to 150/400 (.375), an all time high! Supply-side skeptics are right about the numbers, wrong about the meaning. The reality is that the demand for homes has increased to 200 but supply has increased to just 150 leading to soaring prices.
Now what do we do about this? One response is to blame people’s choices–immigrants are buying all the houses, hedge funds are buying all the houses, tourists are renting all the houses, everyone should want less and conserve more! Going down this path will tear the country apart. The other response is the American way, in the words of Bryan Caplan’s excellent new book, build, baby, build!
Here’s Kevin:
We are already 15 years into a cultural and economic battle that is so important, it turned the direction of adults per house upward for, likely, the first time since the start of the industrial revolution. Fifteen years in, by that measure, we have reversed economic progress by nearly 40 years. There is so much ground we have to make up. And, also, the reactionary position will have to continue to dig deeper and get worse – rounding up immigrants, blaming the homeless, stoking fear and distrust of financial institutions. I’m sorry if I’m sounding too shrill. It all happens in slow motion around us, so we adapt to the new normal. But the tent encampments in all the urban parks are a long way from what should be considered normal. We are already deeply into a cultural battle. And you can see that it is a cultural battle, because it is difficult to simply establish a plurality of support to admit obvious things.
If this continues, it will destroy the fabric of mutual trust that has managed to miraculously hold this country together for 250 years. The challenge is to open the eyes of enough victims of these policy choices that 50%+1 of the country can address it on the empirical level rather than the aesthetic level, and to stop this devolution before it gets worse.
Hat tip: Naveen.
Michael Cook on Iran
Our primary concern in this chapter will be Iran, though toward the end we will shift the focus to Central Asia. We can best begin with a first-order approximation of the pattern of Iranian history across the whole period. It has four major features. The first is the survival of something called Iran, as both a cultural and a political entity; Iran is there in the eleventh century, and it is still there in the eighteenth. the second is an alternation between periods when Iran is ruled by a single imperial state and periods in which it break up intoa number of smaller states. The third feature is steppe nomad power: all imperial states based in Iran in this period are the work of Turkic or Mongol nomads. The fourth is the role of the settled Iranian population, whose lot is to pay taxes and — more rewardingly — to serve as bureaucrats and bearers of a literate culture. With this first-order approximation in mind, we can now move on to a second-order approximation in the form of an outline of the history of Iran over eight centuries that will occupy most of this chapter.
That is from his new book A History of the Muslim World: From its Origins to the Dawn of Modernity. I had not known that in the early 16th century Iran was still predominantly Sunni. And:
There were also Persian-speaking populations to the east of Iran that remained Sunni, and within Iran there were non-Persian ethnic groups, such as the Kurds in the west and the Baluchis in the southeast, that likewise retained their Sunnism. But the core Persian-speaking population of the country was by now [1722] almost entirely Shiite. Iran thus became the first and largest country in which Shiites were both politically and demographically dominant. One effect of this was to set it apart from the Muslim world at large, a development that gave Iran a certain coherence at the cost of poisoning its relations with its neighbors.
This was also a good bit:
Yet the geography of Iran in this period was no friendlier to maritime trade than it had been in Sasanian times. To a much greater extent than appears from a glance at the map, Iran is landlocked: the core population and prime resources of the country are located deep in the interior, far from the arid coastlands of the Persian Gulf.
In my earlier short review I wrote “At the very least a good book, possibly a great book.” I have now concluded it is a great book.
*The Carnation Revolution*
The author is Alex Fernandes, and the subtitle is The Day Portugal’s Dictatorship Fell. A very good and well-written book, here is one short excerpt:
The First Republic is sixteen years of unrelenting chaos, one that sets the scene for the fascist state that follows it. Between 1910 and 1926 Portugal goes through eight presidents and forty-five governments, all the while experiencing an economic crisis, crushing debt and the Europe-spanning threats of the First World War. Mirroring similar movements in France and Mexico, early Portuguese republicanism’s defining feature is its fierce anti-clericalism, imposing a crackdown on churches, convents and monasteries and persecuting religious leaders. The turbulent political landscape is marked by escalating acts of violence, militant strike action, periodic military uprisings and borderline civil war, the government fluctuating wildly between different republican factions.
Unfortunately, this book does not read as if it is about a niche topic. And don’t forget Salazar was an economist.
UNOS Kills
I’ve long been an advocate of increasing the use of incentives in organ procurement for transplant; either with financial incentives or with rules such as no-give, no-take which prioritize former potential organ donors on the organ recipient list. What I and many reformers failed to realize, however, is that the current monopolized system is so corrupt, poorly run and wasteful that thousands of lives could be saved even without incentive reform. (To be clear, these issues are related since an incentivized system would never have become so monopolized and corrupt in the first place but that is a meta-issue for another day.) Here, for example, is one incredible fact:
An astounding one out of every four kidneys that’s recovered from a generous American organ donor is thrown in the trash.
Here’s another:
Organs are literally lost and damaged in transit every single week. The OPTN contractor is 15 times more likely to lose or damage an organ in transit than an airline is a suitcase.
Organs are not GPS-tracked!
In an era when consumers can precisely monitor a FedEx package or a DoorDash dinner delivery, there are no requirements to track shipments of organs in real time — or to assess how many may be damaged or lost in transit.
“If Amazon can figure out when your paper towels and your dog food is going to arrive within 20 to 30 minutes, it certainly should be reasonable that we ought to track lifesaving organs, which are in chronic shortage,” Axelrod said.
Here’s one more astounding statistics:
Seventeen percent of kidneys are offered to at least one deceased person before they are transplanted….
Did you get that? The tracking system for patients is so dysfunctional that 17% of kidneys are offered to patients who are already dead–thus creating delays and missed opportunities.
All of this was especially brought to light by Organize, a non-profit patient advocacy group who under an innovative program embedded with the HHS and working with HHS staff produced hard data.
Many more details are provided in this excellent interview with Greg Segal and Jennifer Erickson, two of the involved principals, in the IFPs vital Substack Statecraft.
The $20 bill gets picked up, body parts markets in everything
At the 1815 Battle of Waterloo, Napoleon Bonaparte’s final battle, more than 10,000 men and as many horses were killed in a single day. Yet today, archaeologists often struggle to find physical evidence of the dead from that bloody time period. Plowing and construction are usually the culprits behind missing historical remains, but they can’t explain the loss here. How did so many bones up and vanish?
In a new book, an international team of historians and archaeologists argues the bones were depleted by industrial-scale grave robbing. The introduction of phosphates for fertilizer and bone char as an ingredient in beet sugar processing at the beginning of the 19th century transformed bones into a hot commodity. Skyrocketing prices prompted raids on mass graves across Europe—and beyond.
Here is the full article, via William Meller. And, as Alex has stressed in the past, never underestimate the elasticity of supply!
Modi and investment
Yes, India is doing well but the picture could be much better:
During Modi’s tenure, GFCF [gross fixed capital formation] as a percentage of GDP declined and has remained low until the post-pandemic recovery. In fact the highest level of GFCF as a percentage of GDP during the first nine years of Modi’s leadership is lower than the lowest level in PM Singh’s tenure.
Here is more from Shruti.
