Books: Respectable Paperbacks

The most interesting fact in U.S. publishing today is that the paperbacks have become respectable. Cheap paperback reprints and originals have been published in the U.S. for more than a century without becoming a stable factor in the book business. But today, some of the smartest U.S. publishers privately concede that hard-cover books cost too much. They also know that there are far more potential readers than there are customers willing to pay current hard-cover prices. Result: alongside the diminishing flood of glossy-covered quarter dreadfuls is an increasing stream of serious paperbacks, including...

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