Open Access to Journals Won't Lower Prices

Journals publishing is in crisis. For years, subscription prices have gone up rapidly, with the average annual increase now close to 10 percent; some journals cost three times as much today as they did a decade ago. The budgets of university libraries have fallen far behind, forcing librarians to cancel subscriptions. Publishers have used declining subscriptions as a rationale to increase prices even more. And the literature has expanded, creating fatter journals (and yet another reason for