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The Economics of Writing a Book

The Economics of Writing a Book


A 2012 survey, appropriately titled Not a Gold Rush, gives us perhaps the best insight into the economics of self-publishing. Over 1,000 self-published authors were questioned and the results were sobering. The average self-published author earns $10,000 a year. And even that meager sum is skewed by the more popular stars of the self-publishing economy. 10% of the authors in the study made 75% of the money. 75% of authors made under $500. 

Stashed in: Business Facts, Books!, books, economics, Kindle!, Writing!, Freakonomics

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I wonder how many of those 75% of authors would accept $500 NOT to write the book.

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