id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
crln-21522	Byrd, Gary	Conference Circuit: Marketplace challenges for research libraries	1995	3	.pdf	application/pdf	1262	30	27	Roger Noll from Stanford University discussed the economic role o f basic research in U.S. universities, the high fixed costs of schol­ arly publications, and the difficulty o f spread­ ing those costs over a relatively small number o f readers. Michael McPherson, Williams College, pointed out the many ironies and inefficiencies o f the current marketplace for scholarly information: for ex­ ample, university libraries buy fewer books, aca­ demic presses at the same institutions sell fewer books, while academic provosts struggle to al­ locate budget resources to these units and to the academic departments where faculty are encouraged to write and read increasing num­ bers o f these books!	cache/crln-21522.pdf	txt/crln-21522.txt