IHE is running a piece entitled Ronald Regan vs. The University Press which provides a nice overview of the problems facing university presses today. One of his key points is that scholarly publishing produces a public good, one that is by its very nature not designed to be or likely to be profitable. While for-profit presses see this as an enormous dilemma, the open access movement has understood it from the start and tried to find low-cost solutions (like open source software) to provide new and less expensive means to publish free and open texts which, we know, are never going to sell as much as the next Harry Potter book.
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