It's fairly straightforward economics for the most part. The sale of textbooks overseas, while small, actually holds down the price of textbooks in the United States. Any time we increase the volume of books sold, development and production costs can be spread over a larger field of purchasers. Publishers set the price of textbooks sold overseas at prices to reflect local market conditions.

This action is part of an ongoing (effort) to centralize functions that make sense to centralize É (in) areas such as production and manufacturing.

This action is part of an ongoing (effort) to centralize functions that make sense to centralize ... (in) areas such as production and manufacturing.

Nadie ha visto nunca a un perro hacer un intercambio justo y deliberado de un hueso por otro con otro perro. Nadie ha visto a un animal que, con gestos y sonidos naturales, indique a otro: esto es mío y esto es tuyo; estoy dispuesto a darte esto a cambio de eso

The economics profession advances by one confusing financial disaster at a time.

In regards to the price of commodities, the rise of wages operates as simple interest does, the rise of profit operates like compound interest.

Our merchants and masters complain much of the bad effects of high wages in raising the price and lessening the sale of goods. They say nothing concerning the bad effects of high profits. They are silent with regard to the pernicious effects of their own gains. They complain only of those of other people.