The editorial board of the journal Prometheus: Critical Studies in Innovation has threatened to resign because the academic journal's corporate owners, Taylor and Francis, have ordered them not to publish a paper critical of the academic publishing industry. The paper, Publisher, be damned! from price gouging to the open road, was written by academics from the University of Leicester's School of Management.
What has been characterised as rampant price inflation is one characteristic of the market in academic journals – or at least those journals published by commercial publishers – with several studies since 2000 indicating rapidly increasing prices charged by for-profit publishers (Bergstrom, 2001; Bergstrom and Bergstrom, 2004; Dewatripont et al., 2007; Harvie et al., 2012). Bergstrom and Bergstrom (2004) suggest that a journal page published by a for-profit publisher is between three and five times more expensive than one published by a not-for-profit publisher. One factor driving increasing prices is journal reputation (Bergstrom, 2001) – but this leads to increasing profit margins (McCabe, 2004). In short, widely-cited journals are perceived to be higher quality, which allows for-profit publishers to charge higher prices for such journals; if widely-cited and more highly-priced journals also enjoy higher circulation (because they are widely-cited), then publishers also benefit through lower average production costs (McCabe, 2004; Dewatripont et al., 2007).
Academic Publisher Fights Publication Of Paper Criticizing Publishers' Price Increases And Profits [Tim Cushing/Techdirt]
(Image: Silence, Wiros, CC-BY-SA)
Thomas Piketty, the French economist behind 2014's game-changing Capital in the 21st Century, has a new book, Capital and Ideology (out in France now, coming in English in 2020), which uses the same long-run economic series that Capital 21C benefited from to understand the relationship between wealth and ideology. Central to Piketty's thesis: that it's […]
The real estate bubble is in trouble: London's luxury housing market has been in freefall for years, and New York's retail vacancy has been soaring, even as global super-luxe housing is also tanking.
Maria Farrell admits that comparing smartphones to abusive men (they try to keep you from friends and family, they make it hard to study or go to work, they constantly follow you and check up on you) might seem to trivialize domestic partner violence, but, as she points out, feminists have long been pointing out […]
Breaking into the big leagues as a project manager isn’t done overnight, but there are principles that anyone can learn, and they’re applicable to nearly any business. No matter what your field, if there are multiple teams working toward a common goal, you’re going to need a roadmap. The Project Management Professional Certification Training Suite […]
On the one hand, nostalgia is “a corruption of the historical impulse,” according to William Gibson. On the other hand, “Super Mario Bros.” will never not be cool. Luckily, there’s a way to satisfy that retro gaming while still keeping an eye on the future: The GameShell Kit. This thing is simultaneously the last handheld […]
The field of data analytics can get intimidating, even for business professionals who constantly rely on it. But at its heart, its purpose is to simplify. To take mounds of information and distill their insights into a single clear picture. Currently, the go-to software for painting that picture is Tableau. And if you want to […]