Rising cost of academic journals

nbruce writes “Today’s Wall Street Journal refers to a press release by Stanford’s HighWire Press when discussing the problem of rising costs of scholarly journals. I can’t be positive this link is the exact one, but it should be close.

WSJ reported that Stanford is taking a stand against rising costs through its online publishing service, HighWire Press, a division of the library.

Faculty are encouraged not to peer-review or publish research in exploitive, for-profit publishers.

Also, The foundation for the Public Library of Science (PLoS) is described thus:
The public library, one of the greatest inventions of human civilization, has been waiting for the Internet. What seemed an impossible ideal in 1836, when Antonio Panizzi, librarian of the British Museum, wrote, "I want a poor student to have the same means of indulging his learned curiosity, ... of consulting the same authorities, ... as the richest man in the kingdoms," is today within reach. With the Internet, we have the means to make humanity's treasury of knowledge freely available to scientists, teachers, students and the public around the world. But it won't happen automatically. Full press release here