Home > Uncategorized > Why does it cost so much to read heterodox economics?

Why does it cost so much to read heterodox economics?

from Edward Fullbrook

The current issue (January 8, 2018) of the Heterodox Economics Newsletter lists the current issues of 16 English language journals, with each linked to the newsletter’s website where there is a link for each article in these new issues.  For each journal, I picked one article to try to read.  Here is what I found. 

To summarize:

  • 3 articles are open access and 11 are available for a fee and 2 are unavailable without a subscription.
  • Total cost for reading the 14 available heterodox economics articles is $388.
  • Average cost for reading one heterodox economics article, including the open access ones, is $27.71.

By comparison, if you want to read orthodox economics and if your annual income is less than $70,000, then $20 will buy you 365 days access to all the articles of all the issues of the last 20 years of all these journals.

  • American Economic Review
  • Journal of Economic Literature
  • Journal of Economic Perspectives
  • American Economic Journal: Applied Economics
  • American Economic Journal: Economic Policy
  • American Economic Journal: Macroeconomics
  • American Economic Journal: Microeconomics
  • AEA Papers and Proceedings
  1. January 10, 2018 at 1:20 pm

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  2. January 10, 2018 at 1:21 pm

    Very interesting observations. Is orthodox economics being funded by ‘certain interests’?

    • Yu45020
      January 10, 2018 at 5:22 pm

      Not necessarily.

      I don’t know much about this issues. University libraries may be big subscribers of academic journals. By simple majority, libraries may tend to subscribe journals that are most read.

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