Book Quote by William Gibson
“I'm very primitive in terms of economics. The kind of new business in which stock gets more valuable because the company grows, but there must be limits to growth. But if publishing is expanding to fill that retail space, it seems like there may be a necessary and unpleasant correction waiting down the road. How many books to people WANT?”
About This Quote
Source Interview: Discussion on publishing economics, 2023
Economic growth has limits; publishing may overexpand, leading to a market correction when demand doesn’t match supply.
In simple terms: Publishing may overexpand and need correction.
Monitor market demand and adjust supply.
Themes
Mood
Type
When to use this quote
- business strategy
- investment decisions
- library acquisitions
Key Concepts
Questions to Reflect On
- How can publishers gauge true reader demand?
- What strategies prevent overexpansion?
Overproduction can cause waste and financial loss.