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September 2011
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George Monbiot – The Lairds of Learning

George Monbiot – The Lairds of Learning.

“Who are the most ruthless capitalists in the Western world? Whose monopolistic practices makes WalMart look like a corner shop and Rupert Murdoch look like a socialist? You won’t guess the answer in a month of Sundays. While there are plenty of candidates, my vote goes not to the banks, the oil companies or the health insurers, but – wait for it – to academic publishers. Theirs might sound like a fusty and insignificant sector. It is anything but. Of all corporate scams, the racket they run is most urgently in need of referral to the competition authorities.”

Excellent piece on a much neglected subject. The only such expose of academic publishing that I have seen before is in a biography of Robert Maxwell and the role of academic publishing in his rise to fame.

(via Lalitha Kamath)

And a good follow-up from Ben Goldacre.

Academic publishers run a guarded knowledge economy

The business model for scholarly papers forms a barrier to the public, but can such walls remain standing?

Setting Their Hair on Fire – Paul Krugman, NYTimes.com

Obama’s new jobs plan calls for about $200 billion in new spending and $240 billion in tax cuts. It is highly unlikely to make it through Congress considering that ‘leading Republicans are basically against anything that might help the unemployed.’ But ‘Mr. Obama may finally have set the stage for a political debate about job creation.’

http://www.nytimes.com/2011/09/09/opinion/setting-their-hair-on-fire.html?_r=1