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Terry Teachout on something that interests me greatly: the effect of electronic books:

The existence of the e-book will cause the authors of the 21st century to go about their business very differently than did their 20th-century predecessors. Many of these differences will arise from the way in which the e-book encourages self-publishing. Best-selling novelists, for instance, will soon be in a position to “publish” their own books, pocketing all the profits – but so will niche-market authors whose books don't sell in large enough quantities to interest major publishers.

Thanks, People of the Book.

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