5. What is truth?

It is difficult to say what is true, especially when I read a newspaper, because newspapers make a conclusion about an issue, but the facts give a totally opposite view. For example, there was an article by Motoko Rich, “Math of Publishing Meets the E-Book”. He argues that even though publishers can save money selling e-books rather than paper books, customers should think that $10 for an e-book is too low because the publishers won’t make as much money as charging $26 for a hardcover book. However the strange thing is, on the second page there is a very small chart that shows the profit for the publisher selling a $10 e-book is about the same as selling a $26 paper book. Even stranger is he argues that $13-15 for an e-book is too low, even though the publisher makes a lot more profit. “Certainly, publishers argue that it would be difficult to sustain a vibrant business on much lower prices. Margins would be squeezed, and it would become more difficult to nurture new authors.” He is very misleading. Actually, I don’t believe a newspaper’s political and economic issues because I have seen so many times that they were lying about these issues.