10/04/2010 12:25 pm ET Updated May 25, 2011

Publisher At Frankfurt Book Fair: 'People Have Short Memories -- It Was Instant Panic Last Year But Now It's Back To Business'

Patrick Janson Smith, publisher at the HarperCollins imprint Blue Door, said there was plenty of hype around this year's fair, and claimed that publishers had already forgotten the recession-driven mood of austerity that hit Frankfurt buying in 2009. "People have short memories. It was instant panic last year but now it's back to business," he said, speaking on his mobile phone from a Brussels railway station en route to the fair.