Times Higher Education reports "Open-access publishing models will end once and for all the outdated and expensive production of little-read monographs that "exist for the purposes of existing". What gets me are the absurd economics of the existing system. "Of these, about 300 are sold to rich universities in the US, where they may attract a handful of readers each. On any reasonable estimate of the cost of producing this knowledge [which may have required five years' research], every act of reading must cost - what can we say? - £20,000."
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