Designing and producing a quality, marketable font is no small task and involves a painstaking amount of artisanship, thought, and skill. Reputable type designers can spend anywhere from weeks to years designing a font – it is truly a discipline that deserves respect.
Font foundries and font designers deserve to be fully compensated for their work.
Check out these links from some reputable type designers describing what it actually takes to design and produce a font.
How to design a typeface – a step-by-step guide – advice from type designers at Monotype and Fontsmith
Rod McDonald’s journey through 110 years of grotesques
What it’s like to design a font from Scratch – Steve Matteson
How to design a typeface – Mark Simonson’s process
How long does it take to design a font? – Hoefler&Co.