Business and Economics

Rare Book Optimal Pricing

by jim on November 9, 2021

How can rare book sellers determine the optimal price for their items brought to market? If the price is set too high, the buyers may not bid to buy, if the price is set too low, the stock may be sold below optimal pricing. The information that is needed to set the right price for […]

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There is no Business like Book Business

by The bookworm on August 7, 2014

A 43-year old book is soon to be the business bestseller thanks to Bill Gates.  The reprint of Business Adventures is scheduled to be released Aug 16, but digital publishers that reproduced it as an e-book have sent it to # 1 on Amazon and the New York Times bestseller lists. The book was originally […]

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Rare Books and Veblen Commodities

by The bookworm on March 8, 2013

Let’s assume for a moment that we are in the market for a first edition copy of Tender is the Night by F. Scott Fitzgerald from 1934. We may be an American literature collector of modern first editions or a fan of Fitzgerald or even a beautiful art dust jacket collector. We want to purchase […]

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Two economic crises, two rare books on investing

by The bookworm on November 30, 2012

One does not have to look too hard or too far back to get a glimpse of the effects of an economic crisis. The most recent crisis in the Euro zone and the near collapse of the banking system in the US are still impacting our lives. But try to find witnesses of the 1929 […]

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Rarest books on labor and employment

by The bookworm on September 3, 2012

We at Rare Books Digest got inspired this week on the eve of Labor Day 2012 by Fed chairman Ben Bernanke of all people, since he expressed a popular concern over the labor market. Labor Day’s popularity became obvious since first held in 1882 by the Central Labor Union which created the holiday to allow the public to […]

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Das Kapital, Karl Marx’s “social networking”

by Admin on May 14, 2012

In an 1867 publication of a rare book entitled Das Kapital, Kritik der politischen Ökonomie (Capital: Critique of Political Economy), Karl Marx (1818-1883) declared that capitalism is the exploitation of labor  by employers who own the capital assets, and ultimately profit from surplus value derived from uncompensated labor.  The Prussian philosopher’s revolutionary, socio-economic ideas played […]

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Adam Smith’s Classic of Modern Economic Thought

by Admin on April 30, 2012

In a 1776 publication of a book with the title An Inquiry into the Nature and Causes of the Wealth of Nations, Adam Smith (1723-1790) declared that the difference between wealth and poverty of a nation is relative to the freedom of its markets and the degree to which the average person shares in the […]

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