Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

> Your example of "I can tell when my food is burnt" is a poor one. Can you tell a quality scientific paper?

Think of it in these terms: don’t piss on my leg and tell me it’s raining. The science isn’t the issue. The money is.

Academic publishing is much like the US healthcare system, bond rating companies and various other interests, industries and organizations in that through quirks of the path of history they find themselves in a position to extract rents either through regulation, historic convention, effective monopoly and/or misplaced incentives.

When the current state is shown to be obviously deficient, these rent seekers among other strategies will say it’s much too complicated and there are you simple solutions. If you dream that there might be you simply don’t understand the problem.



Publishers make ~30% profit. High? Yes. Sit-on-your-pile-of-gold-cackling? No.


Units error.

Margin is not a measure of wealth.

Spending $700M to make $1B, each year, would be a pile of gold to cackle on, yes.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: