Academic journals remain unnecessary and unhealthy whilst open access archives such as arXiv continue to grow.
Connotea Imports 2012-07-31
Summary:
"With little money in science research, some believe that it is inappropriate for research councils to pay for costly journal subscriptions. Peter Coles dissects what he believes to be the “parasitic” nature of journal subscriptions, arguing that open access e-print archives, such as physicist favourite arXiv, could be the future of academic publishing...."