@BlueMonday1984 Betcha the authors aren’t getting paid industry-normal royalties (10-15% of net receipts) on those Veblen goods …
(A few of my novels have been sold as limited-run signed first editions. Typically for 50%-100% more than the normal hardcover price, so maybe 3-5% as much as this nonsense. Cost of goods for a leatherbound, gilt-trimmed luxury edition is maybe $5-10, plus 10% of the cover price for the author. So someone in the middle is making serious bank.)
@froztbyte Your term of art in economics to describe this shitbaggery is “Veblen goods”: https://en.wikipedia.org/wiki/Veblen_good
“a type of luxury good… for which the demand increases as the price increases, in apparent contradiction of the law of demand, resulting in an upward-sloping demand curve. The higher prices of Veblen goods may make them desirable as a status symbol in the practices of conspicuous consumption and conspicuous leisure.”