Amazon Drops Free Books From Kindle Bestseller List

Apparently at some point recently, somebody over at Amazon (NASDAQ:AMZN) gave it some thought and found themselves wondering why so many of their Bestsellers(63/100 as of March 12th) were never actually “sold”, as such.  The plan is to eliminate the free book presence from the Kindle Bestseller list.  The date on this is still up in the air as far as we know, but the apparent aim is to have two lists: one for sold books and one for free ones.

To publishers, this seems like a no-brainer.  It highlights what books people are spending their money on and gives readers a chance to vote with their wallet on whether or not a book does well.  Others, on the other hand, may be hit a bit hard by this move.  It has become somewhat common for new or self-publishing authors to give away a free book or portion of a book in order to direct attention to their further works.

We’ll have to wait and see how this is handled, but I for one am hoping to be able to access both lists on my Kindle device rather than having to shop the website.  I find it interesting to know what new finds people have made lately when I’m looking for something new to pass the time with.

The Economist for Kindle

The Economist is available for $10.49 for a monthly subscription on the Kindle.  This is a weekly magazine that is released every Friday on newsstands and wirelessly through the Kindle.  The reviews are quite critical of the price, so hopefully there will be some price cuts in the near future.

According to Amazon:

The Economist is the “premier source for the analysis of world business and current affairs, providing authoritative insight and opinion on international news, world politics, business, finance, science and technology, as well as overviews of cultural trends and regular Special reports on industries and countries.”

James Wilson, a Scottish hat manufacturer, founded The Economist in 1843 to campaign against the British protectionist corn laws. The official name of the publication was: The Economist: A Political, Commercial, Agricultural, & Free-Trade Journal.

In 1845, The Economist went international with part of the sales reaching both Europe and the United States.  WT Layton was appointed editor in 1922 and was the considered the main reason why the newspaper remained a success.

In 1935, the publication changed ownership from Wilson Trust to Financial Newspaper Proprietors Limited and a group of individual shareholders who were influential in maintaining the newspaper’s editorial independence.

In 1967, The Economist published a bi-weekly Spanish version of its newspaper in hopes of reaching out to the Latin American population, but did not have much success.  This attempt was put to rest in 1970.  This project was a good idea, but it could have been targeted for a different geographical location.  If this project had reached out to the Latino population in the United States, particularly, the Southwest, it might have been a greater success.

The Economist began in 1843 with a circulation of 1,969.  In 1970, the circulation reached 100,000.  In 1984, it reached 250,000, and in 2007, 1.3 million. was launched in 1996 and the magazine received a full color makeover in 2001.

2.6 million people visit each month and the website is subscriber only and fee based.  Also, visit their website for more information on the history of the publication.

Currently, The Economist is owned by The Economist Group Limited and has a private stock exchange symbol.