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I think it was Freakanomics that had an episode about textbook cost. Their idea was it was a disparity between those choosing the textbooks (professors) to those bearing the costs (students). In other words, it is much easier to increase the cost of a product if those bearing the cost don’t have a say.


I definitely had a few classes in which the professor wrote the text-book which while impressive in some ways also yields a conflict of interest.


Oddly enough, one of my professors wrote textbooks for his classes that he gave to us for the cost of copying them. He was outraged by the price of textbooks.




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