Tuesday, April 16, 2002

Okay, I perhaps overstated the differences between book and music markets. For one thing, there are very active collectible markets in both places. For the record, I am excluding these, and I am talking about people who buy books with the principal purpose of reading them, and people who buy records and CDs with the principle aim of listening to them. And I am possibly influenced by the fact that I have very esoteric tastes in books and not so esoteric tastes in music. I think the basic point holds, though. The number of books published is vastly more than the number of musical recordings produced. My behaviour is to some extent a consequence of the difference between the industries.

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