February 24, 2013

ECONOMIC OBSERVATIONS FROM JERRY POURNELLE: Sequestration and the coming depression. “Not everyone is hurt by depressions. Some do well indeed. Others scrape by. But it’s really hard on those just entering the work force. Fortunately, Story Tellers always survive, and with the eBook revolution my backlist is worth something. Unlike physical books which sell out and have to be reordered, eBooks are always on the virtual shelf and the store is always open. And Young Adult books tend to do well in times of high youth unemployment; many of my books appeal to younger readers as well as to adults. They sell well in PX stores, too. I should get through the coming worse times. And thanks to all those who subscribed or renewed during the current pledge drive. That helps a lot.”