The journals then paywall your work, sell the access back to you and your colleagues, and pocket the profit. Universities cover these subscriptions and fees by charging the government “indirect costs” on every grant—money that doesn’t go to the research itself, but to all the things that support the research, like keeping the lights on, cleaning the toilets, and accessing the journals that the researchers need to read.
Stock markets have fallen sharply since the US and Israel attacked Iran over the weekend.
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