Periodical prices are on the upswing, and technology is advancing at a relentless pace.
There’s no way to sugarcoat the impact higher serials prices have on the information marketplace, or the dire state of funding for libraries. Libraries are no longer in a position of having to cut low-use journals in order to make room for high-use ones; instead, they are now being forced to cancel heavily used, even essential subscriptions, much to the dismay of their patrons. The economy still drives any discussion of serials pricing, and it remains a very ugly story.
In September 2010, the National Bureau of Economic Research reported that economic indicators showed that the recession hit its trough and began recovery in June 2009. But while this may be true technically based on economic data, the recovery’s effects remain very difficult for either libraries or their patrons to detect. Educational systems, especially higher education, are easy targets when funding gets tight and states’ budgets are far from flush. The Center on Budget and Policy Priorities released a report in 2010 that had some alarming news: “Counting both initial and mid-year...Read more