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Elsevier's profits alone could fund all academic publications as open access

114 pointsby MikeTaylorover 13 years ago

3 comments

julesover 13 years ago
&#62; And remember that PLoS is now making a profit at that rate — no longer living off the grants that helped to get it started. At a rate of $1350 per article, it’s not just surviving but flourishing, so we know that that’s a reasonable commercial rate to charge for handling an open-access academic article with no limits on length or on number of high-resolution colour figures [...] So, yes, open access is cheaper. Stupidly cheaper. Absurdly, ridiculously, appallingly cheaper.<p>Open-access is still absurdly expensive. $1350 to publish an article in an online journal, seriously? Unlimited length and colour figures in an online journal? No shit. The cost should be exactly $0, since all the actual work like reviewing articles is done by volunteers. I'm sure that many universities and companies would be glad to provide free hosting for papers.
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axusgradover 13 years ago
Things would be more expensive without a profit motive driving efficiency, but maybe a change be a net gain. Pointing at the profit someone makes and saying "we could be keeping all that money!" is oversimplifying.
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yuhongover 13 years ago
So could Elsevier and Springer be taken private?
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