It’s Time To Abandon The Most Profitable Business In The World

Is it oil? Banking? Nope: It’s academic publishing, and its time must come to an end. “Most of the costs of its content is picked up by taxpayers. Publicly funded researchers do the work, write it up and judge its merits. And yet the resulting intellectual property ends up in the hands of the publishers. To rub salt into the wound they then sell it via exorbitant subscriptions and paywalls, often paid for by taxpayers too.”