The Economics of Publishing
How much does it cost to publish a book, and how easy it is to lose money? (A lot and quite.)
Add it up. Your total cost on this book is $36,000. In USD, yes.(Those of you playing at home should keep track of these numbers with a pen and a piece of paper, because otherwise you may get confused.)
Now -- sorry, more math -- the book's cover price is $6.99. The author gets 8% of that as her royalty -- $.5592. Set that aside -- we're not going to talk about it again for a while.
(via Randy)