[PEN-L:6725] Re: academic journals

[Gerald Levy <glevy@xxxxxxxxx>]

Michael Perelman wrote:

> The financial times reported today that
> High-quality scientific journals which are
> "must-reads" for their subscribers are a highly
> profitable business with margins as high as 40 per
> cent.

That's very interesting, Michael (and fits-in rather well into a recent
thread we have been having on the Post-Keynesian Thought list). Certainly
it suggests that there may be monopolistic pricing at work.

Jerry