The history of textbooks dates back to ancient civilizations. For example, Ancient Greeks wrote educational texts. The modern textbook has its roots in the mass production made possible by the printing press. Johannes Gutenberg himself may have printed editions of Ars Minor, a schoolbook on Latin grammar by Aelius Donatus. Early textbooks were used by tutors and teachers (e.g. alphabet books), as well as by individuals who taught themselves.

The Greek philosopher Socrates lamented the loss of knowledge because the media of transmission were changing.[3] Before the invention of the Greek alphabet 2,500 years ago, knowledge and stories were recited aloud, much like Homer's epic poems. The new technology of writing meant stories no longer needed to be memorized, a development Socrates feared would weaken the Greeks' mental capacities for memorizing and retelling. (Ironically, we know about Socrates' concerns only because they were written down by his student Plato in his famous Dialogues.) [4]

The next revolution in the field of books came with the 15th-century invention of printing with changeable type. The invention is attributed to German metalsmith Johannes Gutenberg, who cast type in molds using a melted metal alloy and constructed a wooden-screw printing press to transfer the image onto paper.

Gutenberg's first and only large-scale printing effort was the now iconic Gutenberg Bible in the 1450s — a Latin translation from the Hebrew Old Testament and the Greek New Testament. Gutenberg's invention made mass production of texts possible for the first time. Although the Gutenberg Bible itself was expensive, printed books began to spread widely over European trade routes during the next 50 years, and by the 16th century, printed books had become more widely accessible and less costly.[5]

While many textbooks were already in use, compulsory education and the resulting growth of schooling in Europe led to the printing of many more textbooks for children. Textbooks have been the primary teaching instrument for most children since the 19th century. Two textbooks of historical significance in United States schooling were the 18th century New England Primer and the 19th century McGuffey Readers.

Recent technological advances have changed the way people interact with textbooks. Online and digital materials are making it increasingly easy for students to access materials other than the traditional print textbook. Students now have access to electronic books ("e-books"), online tutoring systems and video lectures. An example of an e-book is Principles of Biology from Nature Publishing.

Most notably, an increasing number of authors are avoiding commercial publishers and instead offering their textbooks under a creative commons or other open license.

Market[edit]

The market for textbooks[edit]

As in many industries, the number of providers has declined in recent years (there are just a handful of major textbook companies in the USA).[6] Also, elasticity of demand is fairly low. The term "broken market" appeared in the economist James Koch's analysis of the market commissioned by the Advisory Committee on Student Financial Assistance.[7]

In the United States, the largest textbook publishers are Pearson EducationCengageMcGraw-Hill Education, and Wiley. Together they control 90% of market revenue.[8] Another textbook publisher is Houghton Mifflin Harcourt.[9]

The market for textbooks doesn't reflect classic supply and demand because of agency problems.[10]

New editions and the used book market in the USA[edit]

Some students save money by buying used copies of textbooks, which tend to be less expensive, and are available from many college bookstores in the US, who buy them back from students at the end of a term. Books that are not being re-used at the school are often purchased by an off-campus wholesaler for 0-30% of the new cost, for distribution to other bookstores. Some textbook companies have countered this by encouraging teachers to assign homework that must be done on the publisher's website. Students with a new textbook can use the pass code in the book to register on the site; otherwise they must pay the publisher to access the website and complete assigned homework.

Students who look beyond the campus bookstore can typically find lower prices. With the ISBN or title, author and edition, most textbooks can be located through online used book sellers or retailers.

Most leading textbook companies publish a new edition every 3 or 4 years, more frequently in math and science. Harvard economics chair James K. Stock has stated that new editions are often not about significant improvements to the content. "New editions are to a considerable extent simply another tool used by publishers and textbook authors to maintain their revenue stream, that is, to keep up prices." [11] A study conducted by The Student PIRGs found that a new edition costs 12% more than a new copy of the previous edition (not surprising if the old version is obsolete), and 58% more than a used copy of the previous edition. Textbook publishers maintain these new editions are driven by demand from teachers. That study found that 76% of teachers said new editions were justified “half of the time or less” and 40% said they were justified “rarely” or “never”.[12] The PIRG study has been criticized by publishers, who argue that the report contains factual inaccuracies regarding the annual average cost of textbooks per student.[13]

The Student PIRGs also point out that recent emphasis on e-textbooks does not always save students money. Even though the book costs less up-front, the student will not recover any of the cost through resale.[14]

Bundling in the USA[edit]

Another publishing industry practice that has been highly criticized is "bundling", or shrink-wrapping supplemental items into a textbook.[citation needed] Supplemental items range from CD-ROMs and workbooks to online passcodes and bonus material. Students often cannot buy these things separately, and often the one-time-use supplements destroy the resale value of the textbook.[15]

According to the Student PIRGs, the typical bundled textbook is 10%-50% more[clarification needed] than an unbundled textbook, and 65% of professors said they “rarely” or “never” use the bundled items in their courses.[12]

A 2005 Government Accountability Office (GAO) Report in the USA found that the production of these supplemental items was the primary cause of rapidly increasing prices:

While publishers, retailers, and wholesalers all play a role in textbook pricing, the primary factor contributing to increases in the price of textbooks has been the increased investment publishers have made in new products to enhance instruction and learning...While wholesalers, retailers, and others do not question the quality of these materials, they have expressed concern that the publishers’ practice of packaging supplements with a textbook to sell as one unit limits the opportunity students have to purchase less expensive used books....If publishers continue to increase these investments, particularly in technology, the cost to produce a textbook is likely to continue to increase in the future.[16]

Bundling has also been used to segment the used book market. Each combination of a textbook and supplemental items receives a separate ISBN. A single textbook could therefore have dozens of ISBNs that denote different combinations of supplements packaged with that particular book. When a bookstore attempts to track down used copies of textbooks, they will search for the ISBN the course instructor orders, which will locate only a subset of the copies of the textbook.

Legislation at state and federal levels seeks to limit the practice of bundling, by requiring publishers to offer all components separately.[17] Publishers have testified in favor of bills including this provision,[18] but only in the case that the provision exempts the loosely defined category of "integrated textbooks." The Federal bill[19] only exempts 3rd party materials in integrated textbooks, however publisher lobbyists have attempted to create a loophole through this definition in state bills.[20][21]