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What Are Independent Bookstores Really Good For?

Not much.

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* Correction, May 23, 2006: Due to a production error, an earlier version of this story contained a photograph of a Powell's branch location misidentified in a caption as its flagship City of Books store. The photograph has been replaced with one that does depict Powell's City of Books. Click here to return to the top of the page.

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Tyler Cowen is professor of economics at George Mason University and author of An Economist Gets Lunch: New Rules for Everyday Foodies
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Photograph of Powell's City of Books courtesy Powells.com.