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The increase in GDP should make it profitable for government to fund all journals. The cost is relatively small as compared to the benefit to all citizens, all
by nbanks 9y ago
The increase in GDP should make it profitable for government to fund all journals. The cost is relatively small as compared to the benefit to all citizens, allowing them to understand new technologies, business and social structures. Like education, this seems like a way to spend public funds with a high return on investment. Obviously this isn't the only reason governments should spend money--veterans and health care for retirees shouldn't be ignored--but it's nice when spending grows the economy.
- a3_nm 9y ago> The cost is relatively small as compared to the benefit to all citizens The cost is in fact small just compared to the subscription fees. I don't have the statistics for how much countries pay editors in subscription fees (because in fact these deals are often negociated in private and the terms are secret), but I think it is highly likely that this money is several times higher than what it would cost to run everything on private money.